Use this calculator to estimate the growth of your investment with compound interest. Fill in the required fields below:
- Initial Deposit: Enter the initial amount you plan to invest.
- Monthly Contribution: Specify the amount you will contribute monthly.
- Interest Rate: Provide the annual interest rate in percentage terms.
- Number of Years: Enter the duration of the investment in years.
- Compounding Frequency: Select how often the interest is compounded (e.g., annually, semi-annually, quarterly, monthly).