This Interest Calculator allows users to calculate the interest earned on an initial investment over a specified period, considering the principal amount, interest rate, and compounding frequency:

Benefits of this calculator:

1. The Interest Calculator allows users to quickly estimate the interest earned on an investment based on the initial amount, interest rate, compounding frequency, and investment period.
2. It provides insights into how compounding frequency impacts the growth of an investment over time.
3. Users can select different compounding frequencies to see how compounding affects the final amount and interest earned.
4. The calculator can be a valuable tool for individuals comparing investment options, planning for savings, and understanding the effects of compound interest.
5. By offering immediate results, the calculator helps users make informed decisions about their financial strategies.

Feel free to modify the code according to your preferences or add additional features as needed.

Interest Calculator

Calculate the interest earned on an investment:

Principal Amount ($):

Annual Interest Rate (%):

Compounding Frequency: Annually Semi-annually Quarterly Monthly

Investment Period (years):