Please share this page if you find it useful 
          

Compound Interest | WIRE | FIRE | FEES | Switching funds | FOREX | Death Costs

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 R24 000,00 -R12 000,00 -R3 892,20 -R3 892,20 -R15 892,20 -R14 992,64
2 R25 440,00 R13 440,00 -R408,80 -R4 301,01 R9 138,99 R8 133,67
3 R26 966,40 R40 406,40 R3 906,12 -R394,89 R40 011,51 R33 594,44
4 R28 584,38 R68 990,78 R9 204,62 R8 809,73 R77 800,52 R61 625,30
5 R30 299,45 R99 290,23 R15 666,75 R24 476,48 R123 766,71 R92 485,69
6 R32 117,41 R131 407,64 R23 503,55 R47 980,03 R179 387,67 R126 461,23
7 R34 044,46 R165 452,10 R32 962,32 R80 942,35 R246 394,45 R163 866,38
8 R36 087,13 R201 539,23 R44 332,72 R125 275,07 R326 814,30 R205 047,33
9 R38 252,35 R239 791,58 R57 953,93 R183 229,00 R423 020,58 R250 385,23
10 R40 547,50 R280 339,08 R74 222,94 R257 451,93 R537 791,01 R300 299,69
11 R42 980,34 R323 319,42 R93 604,31 R351 056,24 R674 375,66 R355 252,69
12 R45 559,17 R368 878,59 R116 641,54 R467 697,78 R836 576,37 R415 752,82
13 R48 292,72 R417 171,30 R143 970,30 R611 668,08 R1 028 839,38 R482 360,05
14 R51 190,28 R468 361,58 R176 333,95 R788 002,03 R1 256 363,61 R555 690,84
15 R54 261,69 R522 623,28 R214 601,56 R1 002 603,59 R1 525 226,87 R636 423,88
16 R57 517,40 R580 140,67 R259 789,05 R1 262 392,64 R1 842 533,32 R725 306,39
17 R60 968,44 R641 109,11 R313 083,80 R1 575 476,45 R2 216 585,56 R823 161,01
18 R64 626,55 R705 735,66 R375 873,37 R1 951 349,82 R2 657 085,48 R930 893,40
19 R68 504,14 R774 239,80 R449 779,07 R2 401 128,89 R3 175 368,69 R1 049 500,67
20 R72 614,39 R846 854,19 R536 695,12 R2 937 824,01 R3 784 678,20 R1 180 080,55
21 R76 971,25 R923 825,44 R638 834,32 R3 576 658,32 R4 500 483,76 R1 323 841,61
22 R81 589,53 R1 005 414,97 R758 781,43 R4 335 439,75 R5 340 854,72 R1 482 114,41
23 R86 484,90 R1 091 899,86 R899 555,42 R5 234 995,17 R6 326 895,04 R1 656 363,79
24 R91 673,99 R1 183 573,86 R1 064 682,11 R6 299 677,28 R7 483 251,14 R1 848 202,50
25 R97 174,43 R1 280 748,29 R1 258 279,02 R7 557 956,30 R8 838 704,59 R2 059 406,07
 
Copy the URL or use these buttons to share these figures  Share on Facebook