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Compound Interest Calculator | WIRE Calculator | FIRE Calculator | FEES Calculator | Switching funds Calculator

There's an urban legend that Albert Einstein once said compounding [interest] is the most powerful force in the universe. Whether or not he really said it, that line holds a lot of truth. I strongly suggest you pay attention to it.



Complete the following to calculate the compound interest.

Note you can also use it to see how monthly withdrawals affect your investment by entering a negative monthly deposit .



Initial deposit 
Additional monthly deposits 
Investment yield (interest rate)  % per year
Number of years 
Incorporate inflation at   % per year
 
YearAnnual depositsTotal depositsAnnual interestTotal interestBalanceBalance in today's money
1 R69 600,00 R161 400,00 R25 180,05 R25 180,05 R186 580,05 R176 018,92
2 R73 776,00 R235 176,00 R44 182,02 R69 362,07 R304 538,07 R271 037,80
3 R78 202,56 R313 378,56 R67 758,53 R137 120,60 R450 499,16 R378 247,78
4 R82 894,71 R396 273,27 R96 851,05 R233 971,65 R630 244,92 R499 213,01
5 R87 868,40 R484 141,67 R132 594,41 R366 566,06 R850 707,73 R635 698,30
6 R93 140,50 R577 282,17 R176 349,10 R542 915,16 R1 120 197,33 R789 694,91
 
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