Finanzen · Glossar

What is Compound Interest?

Schnelldefinition

Interest calculated on the initial principal AND on the accumulated interest from previous periods. The engine of long-term wealth.

Vollständige Erklärung

Compound interest is interest calculated on the initial principal and on the accumulated interest of previous periods. It is the mechanism that makes long-term investing powerful — your returns start earning their own returns. The Rule of 72 estimates doubling time: years to double ≈ 72 / annual rate. At 7% annual return, money doubles every ~10 years. Over 30 years, $10,000 grows to ~$76,000 (vs. $31,000 with simple interest). Compound interest applies to debt too: a credit card balance at 24% APR compounds monthly, meaning unpaid interest gets charged interest. The frequency of compounding (daily, monthly, annually) changes the effective rate.

Verwandte Rechner

Calculators that use or explain Compound Interest.

Verwandte Begriffe

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Last reviewed: June 15, 2026 • Category: Finanzen