Compound interest
See how savings and monthly contributions could grow.
Compare a quick doubling-time estimate with the compound formula.
Compare a quick doubling-time estimate with the compound formula.
Annual growth rate (%): 6.
Approximate doubling time: 12 years; Compound doubling time: 11.9 years.
No. Its error changes with the rate. Neither value guarantees an investment outcome.
Results are rounded for display; calculations use unrounded values. Read our calculation methodology.
The rule-of-72 shortcut is compared with doubling time under annual compounding at a constant positive rate.
Compare a quick doubling-time estimate with the compound formula.
| Input | What to enter |
|---|---|
| Annual growth rate (%) | Enter a number of at least 0.000001 and no more than 100. |
No. Its error changes with the rate. Neither value guarantees an investment outcome.