Calculator Tool

Compound Interest Calculator

Calculate how money grows with compound interest, including optional monthly contributions and different compounding schedules.

How to Use This Calculator

Simple steps to solve your compound interest calculator problems

1

Try AI Math Solver

Click the button above to access our AI-powered math solver.

2

Input Your Problem

Type, paste, or upload an image of your compound interest calculator problem in natural language.

3

Get Step-by-Step Solution

Receive a detailed walkthrough with clear explanations for each step.

4

Ask Follow-up Questions

Need clarification? Ask questions about any step in the solution process.

Example prompts to paste

  • Future value of $5,000 with $200/month at 7% for 10 years
  • Compare annual vs monthly compounding at 4.5% for 6 years
  • How much should I save monthly to reach $50,000 in 5 years at 5%?

About This Calculator

Why MathAI GPT is different from traditional calculators

Compound interest is growth on your original amount plus growth on prior growth. It matters for savings accounts, investing, and even some debts.

Common Uses

  • Estimate future value after N years
  • Compare monthly vs yearly compounding
  • Include regular deposits (monthly/weekly)
  • Back-solve required contribution for a target goal

Key Advantages

Shows each logical step — not just the final answer
Understands free-form math and plain language together
Accepts images of handwritten or printed problems
Helps you learn the method, not just copy answers
Compound Interest Calculator | MathAI GPT