Savings Account Interest Calculator
Starting balance
Amount added each month
Yearly interest rate
Duration of savings
How often interest is applied
Result

$0.00

Total Contributions: $0.00

Total Interest Earned: $0.00


Formula: Future Value = P * (1 + r/n)^(nt) + PMT * [((1 + r/n)^(nt) - 1) / (r/n)] where P = initial deposit, PMT = monthly contribution, r = annual rate, n = compounding per year, t = years.