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Daily Compound Interest Calculator
See how daily compounding accelerates your investment growth
$

Initial investment

%
years

Range: 1 - 50

Final Balance

$12,840.03

Total Interest

$2,840.03

APY (Daily)

5.13%

vs 5% APR

Daily Compounding Benefit

$6.45

vs monthly compounding

Growth Over Time

Growth chart showing financial data over time
YearBalance
Year 1$10,512.67
Year 2$11,051.63
Year 3$11,618.22
Year 4$12,213.86
Year 5$12,840.03

Compounding Comparison

Daily compounding (365x/year)$12,840.03
Monthly compounding (12x/year)$12,833.59
Extra from daily compounding+$6.45

Daily Compound Interest Formula

A = P(1 + r/365)^(365t)

Where A = final amount, P = principal, r = annual rate, t = years