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Daily Compound Interest Calculator

Find what a balance grows to with interest compounded every day, from a daily or annual rate.

Change the values and press Calculate to work out your own figures.

Enter the balance, the rate and the days.

About starting amountWhat you start with or invest.
About interest rate, % a yearNominal annual rate.
About rate isAnnual rates are divided by 365.
About daysHow many days.
About currencyChanges how amounts are shown, not the math; your choice is remembered on this device.
Result
Balance
$1,061.83
Interest
$61.83
Daily rate
0.03%

After 200 days the balance is $1,061.83.

Show the working
  1. balance = principal × (1 + daily rate)^days

How to use it

Enter the balance, the rate and the days.

Enter amounts without commas or with them; rates are percentages (5 for 5%). Negative amounts are allowed where a sign means money paid out.

Key facts

balance = principal × (1 + daily rate)^days; daily rate = annual rate ÷ 365

Questions

How much is $1,000 at 0.03% a day after 200 days?

$1,061.83.

Formulas

balance = principal × (1 + daily rate)^days; daily rate = annual rate ÷ 365

Sources

Limitations

  • Results are estimates for planning, not offers or financial advice; lenders and banks may round, count days or time payments differently.
  • Rates are nominal annual rates compounded as you choose; payments at a different frequency use the equivalent periodic rate.

Formula version 0.1.0Reviewed