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PARTNER SPOTLIGHT

CIBC Investor's Edge

Get 200 free trades when you open an eligible CIBC Investor's Edge account.

  • 200 free stock & ETF trades
  • Unlimited commission-free trades on 180+ select ETFs
  • Offer ends September 30, 2026

Compound Interest Calculator

See how your money grows with the power of compounding — the key to long-term wealth building.

Compound Interest Calculator

Enter your investment details to see how compound interest builds wealth over time.

Historical stock market average: 7–10%

Frequently Asked Questions

What is compound interest?

Compound interest is earning interest on your interest. Instead of just earning 5% on your initial $10,000, you earn 5% on $10,500 after the first year, $11,025 after the second, and so on. Over decades, this creates exponential growth.

What is the Rule of 72?

Divide 72 by your annual return to estimate how many years it takes to double your money. At 6% returns, your money doubles every 12 years (72 ÷ 6). At 8%, every 9 years.

Disclaimer: Results are estimates for informational purposes only. Consult a qualified financial or tax professional before making financial decisions. Wealth Awesome is not responsible for any errors or omissions.

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