Grade 6-8, 9-12
,
Calculator

Compound Interest Calculator

Updated: July 8 2022,
Author: Council for Economic Education
Teacher Version
Standards Summary
Print

Standards

State Standards

Concepts

Interest, Investing, Savers

Compound Interest Calculator

This compound interest calculator is a tool that you can use to demonstrate how compounding can affect your monthly savings over a set period of time. You can run this calculator by setting the age, annual interest, and entering "Initial Investment" and/or "Monthly Savings." Click on the "i" icon for an explanation of each criteria.


Total Earnings: 

$0

         

Principal: 

$0

Related Resources

Grades 9-12

AP Macro Unit 5: Crowding Out

Learn the theory behind how Fiscal Policy is related to loanable funds and interest rates to help prepare your students...
Key Concepts: Budget Deficits and Public Debt, Financial Markets, Interest
60 mins
Jun 27 6:00-7:00pm ET
Webinar
See On-Demand Webinar

Grades 9-12

Car Loan Calculator

In this personal finance activity, students use a car loan calculator to compare interest rates.
Key Concepts: Interest
20 mins
Activity
See Activity

Grades 9-12

Compounding Your Savings

In this personal finance activity, students will identify the purpose of compound interest and how it works to build savings.
Key Concepts: Interest, Saving
20 min
Activity
See Activity