The Compound Interest Calculator is a web application that helps users calculate compound interest on their investments or savings. It provides a simple and intuitive interface for users to input their principal amount, interest rate, time period, and compounding frequency to get an accurate calculation.
- User-friendly interface
- Calculates compound interest based on user input
- Supports multiple compounding frequencies (daily, monthly, quarterly, annually)
- Instant result display
- Responsive design for mobile and desktop users
- Enter the Principal Amount (Initial Investment)
- Input the Annual Interest Rate (in percentage)
- Choose the Compounding Frequency (Daily, Monthly, Quarterly, Annually)
- Enter the Time Period (in years)
- Click the Calculate button to get the final amount and interest earned
The compound interest is calculated using the formula: [ A = P \times \left(1 + \frac{r}{n}\right)^{nt} ] Where:
- A = Final amount after interest
- P = Principal amount
- r = Annual interest rate (decimal form)
- n = Number of times interest is compounded per year
- t = Time period (in years)
- HTML - Structure of the web page
- CSS - Styling and layout
- JavaScript - Logic for calculations and interactivity
If you’d like to improve this project, feel free to fork the repository and submit a pull request.
This project is licensed under the MIT License.
Developed with ❤️ by Adrian.
I'm also working on other math test ideas, if you like this you can pay a frequent visits for more web math work e.g Calculus, Fibonacci.