Daily Compound Interest

Compound Interest Simple Interest Daily Compounding

Currency:

$ € £ ₹ ¥  

Principal amount:

$ 20

Daily interest rate:

10 %

Years: Months: Days:

0 5 0

Include
weekends?
Yes No

Daily reinvest rate (optional)

90%

Additional monthly deposits (optional)

$ 0

Start date? (optional)

06/28/2021
 today

Calculate
Investment Projection

Investment value

$10,648,395.68
Total interest / earnings

$11,831,528.53
Percentage profit

59157642.7%
Total cash taken out

$1,183,152.85
Total days / Business days

153 / 153
End date

28 Nov 2021
Initial balance

$20.00
Earnings breakdown

daily monthly yearly

Day Date Earnings Reinvest Cash Out Balance

(90%)

1 29 Jun $2.00 $1.80 $0.20 $21.80

2 30 Jun $2.18 $1.96 $0.22 $23.76

3 01 Jul $2.38 $2.14 $0.24 $25.90

4 02 Jul $2.59 $2.33 $0.26 $28.23

5 03 Jul $2.82 $2.54 $0.28 $30.77

6 04 Jul $3.08 $2.77 $0.31 $33.54

7 05 Jul $3.35 $3.02 $0.34 $36.56

8 06 Jul $3.66 $3.29 $0.37 $39.85

9 07 Jul $3.99 $3.59 $0.40 $43.44

10 08 Jul $4.34 $3.91 $0.43 $47.35

11 09 Jul $4.73 $4.26 $0.47 $51.61

12 10 Jul $5.16 $4.64 $0.52 $56.25

13 11 Jul $5.63 $5.06 $0.56 $61.32

14 12 Jul $6.13 $5.52 $0.61 $66.83

15 13 Jul $6.68 $6.02 $0.67 $72.85

16 14 Jul $7.28 $6.56 $0.73 $79.41

17 15 Jul $7.94 $7.15 $0.79 $86.55

18 16 Jul $8.66 $7.79 $0.87 $94.34

19 17 Jul $9.43 $8.49 $0.94 $102.83

20 18 Jul $10.28 $9.25 $1.03 $112.09

21 19 Jul $11.21 $10.09 $1.12 $122.18

22 20 Jul $12.22 $11.00 $1.22 $133.17

23 21 Jul $13.32 $11.99 $1.33 $145.16

24 22 Jul $14.52 $13.06 $1.45 $158.22

25 23 Jul $15.82 $14.24 $1.58 $172.46

26 24 Jul $17.25 $15.52 $1.72 $187.98

27 25 Jul $18.80 $16.92 $1.88 $204.90

28 26 Jul $20.49 $18.44 $2.05 $223.34

29 27 Jul $22.33 $20.10 $2.23 $243.44

30 28 Jul $24.34 $21.91 $2.43 $265.35

31 29 Jul $26.54 $23.88 $2.65 $289.24

32 30 Jul $28.92 $26.03 $2.89 $315.27

33 31 Jul $31.53 $28.37 $3.15 $343.64

34 01 Aug $34.36 $30.93 $3.44 $374.57

35 02 Aug $37.46 $33.71 $3.75 $408.28

36 03 Aug $40.83 $36.75 $4.08 $445.02

37 04 Aug $44.50 $40.05 $4.45 $485.08

38 05 Aug $48.51 $43.66 $4.85 $528.73

39 06 Aug $52.87 $47.59 $5.29 $576.32

40 07 Aug $57.63 $51.87 $5.76 $628.19

41 08 Aug $62.82 $56.54 $6.28 $684.73

42 09 Aug $68.47 $61.63 $6.85 $746.35

43 10 Aug $74.64 $67.17 $7.46 $813.52

44 11 Aug $81.35 $73.22 $8.14 $886.74

45 12 Aug $88.67 $79.81 $8.87 $966.55

46 13 Aug $96.65 $86.99 $9.67 $1,053.53

47 14 Aug $105.35 $94.82 $10.54 $1,148.35

48 15 Aug $114.84 $103.35 $11.48 $1,251.70

49 16 Aug $125.17 $112.65 $12.52 $1,364.36

50 17 Aug $136.44 $122.79 $13.64 $1,487.15

51 18 Aug $148.72 $133.84 $14.87 $1,620.99

52 19 Aug $162.10 $145.89 $16.21 $1,766.88

53 20 Aug $176.69 $159.02 $17.67 $1,925.90

54 21 Aug $192.59 $173.33 $19.26 $2,099.23

55 22 Aug $209.92 $188.93 $20.99 $2,288.17

56 23 Aug $228.82 $205.93 $22.88 $2,494.10

57 24 Aug $249.41 $224.47 $24.94 $2,718.57

58 25 Aug $271.86 $244.67 $27.19 $2,963.24

59 26 Aug $296.32 $266.69 $29.63 $3,229.93

60 27 Aug $322.99 $290.69 $32.30 $3,520.63

61 28 Aug $352.06 $316.86 $35.21 $3,837.48

62 29 Aug $383.75 $345.37 $38.37 $4,182.86

63 30 Aug $418.29 $376.46 $41.83 $4,559.31

64 31 Aug $455.93 $410.34 $45.59 $4,969.65

65 01 Sep $496.97 $447.27 $49.70 $5,416.92

66 02 Sep $541.69 $487.52 $54.17 $5,904.44

67 03 Sep $590.44 $531.40 $59.04 $6,435.84

68 04 Sep $643.58 $579.23 $64.36 $7,015.07

69 05 Sep $701.51 $631.36 $70.15 $7,646.42

70 06 Sep $764.64 $688.18 $76.46 $8,334.60

71 07 Sep $833.46 $750.11 $83.35 $9,084.72

72 08 Sep $908.47 $817.62 $90.85 $9,902.34

73 09 Sep $990.23 $891.21 $99.02 $10,793.55

74 10 Sep $1,079.36 $971.42 $107.94 $11,764.97

75 11 Sep $1,176.50 $1,058.85 $117.65 $12,823.82

76 12 Sep $1,282.38 $1,154.14 $128.24 $13,977.96

77 13 Sep $1,397.80 $1,258.02 $139.78 $15,235.98

78 14 Sep $1,523.60 $1,371.24 $152.36 $16,607.22

79 15 Sep $1,660.72 $1,494.65 $166.07 $18,101.87

80 16 Sep $1,810.19 $1,629.17 $181.02 $19,731.03

81 17 Sep $1,973.10 $1,775.79 $197.31 $21,506.83

82 18 Sep $2,150.68 $1,935.61 $215.07 $23,442.44

83 19 Sep $2,344.24 $2,109.82 $234.42 $25,552.26

84 20 Sep $2,555.23 $2,299.70 $255.52 $27,851.96

85 21 Sep $2,785.20 $2,506.68 $278.52 $30,358.64

86 22 Sep $3,035.86 $2,732.28 $303.59 $33,090.92

87 23 Sep $3,309.09 $2,978.18 $330.91 $36,069.10

88 24 Sep $3,606.91 $3,246.22 $360.69 $39,315.32

89 25 Sep $3,931.53 $3,538.38 $393.15 $42,853.70

90 26 Sep $4,285.37 $3,856.83 $428.54 $46,710.53

91 27 Sep $4,671.05 $4,203.95 $467.11 $50,914.48

92 28 Sep $5,091.45 $4,582.30 $509.14 $55,496.78

93 29 Sep $5,549.68 $4,994.71 $554.97 $60,491.49

94 30 Sep $6,049.15 $5,444.23 $604.91 $65,935.73

95 01 Oct $6,593.57 $5,934.22 $659.36 $71,869.94

96 02 Oct $7,186.99 $6,468.29 $718.70 $78,338.24

97 03 Oct $7,833.82 $7,050.44 $783.38 $85,388.68

98 04 Oct $8,538.87 $7,684.98 $853.89 $93,073.66

99 05 Oct $9,307.37 $8,376.63 $930.74 $101,450.29

100 06 Oct $10,145.03 $9,130.53 $1,014.50 $110,580.82

101 07 Oct $11,058.08 $9,952.27 $1,105.81 $120,533.09

102 08 Oct $12,053.31 $10,847.98 $1,205.33 $131,381.07

103 09 Oct $13,138.11 $11,824.30 $1,313.81 $143,205.36

104 10 Oct $14,320.54 $12,888.48 $1,432.05 $156,093.85

105 11 Oct $15,609.38 $14,048.45 $1,560.94 $170,142.29

106 12 Oct $17,014.23 $15,312.81 $1,701.42 $185,455.10

107 13 Oct $18,545.51 $16,690.96 $1,854.55 $202,146.06

108 14 Oct $20,214.61 $18,193.15 $2,021.46 $220,339.20

109 15 Oct $22,033.92 $19,830.53 $2,203.39 $240,169.73

110 16 Oct $24,016.97 $21,615.28 $2,401.70 $261,785.01

111 17 Oct $26,178.50 $23,560.65 $2,617.85 $285,345.66

112 18 Oct $28,534.57 $25,681.11 $2,853.46 $311,026.77

113 19 Oct $31,102.68 $27,992.41 $3,110.27 $339,019.18

114 20 Oct $33,901.92 $30,511.73 $3,390.19 $369,530.90

115 21 Oct $36,953.09 $33,257.78 $3,695.31 $402,788.68

116 22 Oct $40,278.87 $36,250.98 $4,027.89 $439,039.66

117 23 Oct $43,903.97 $39,513.57 $4,390.40 $478,553.23

118 24 Oct $47,855.32 $43,069.79 $4,785.53 $521,623.02

119 25 Oct $52,162.30 $46,946.07 $5,216.23 $568,569.10

120 26 Oct $56,856.91 $51,171.22 $5,685.69 $619,740.31

121 27 Oct $61,974.03 $55,776.63 $6,197.40 $675,516.94

122 28 Oct $67,551.69 $60,796.52 $6,755.17 $736,313.47

123 29 Oct $73,631.35 $66,268.21 $7,363.13 $802,581.68

124 30 Oct $80,258.17 $72,232.35 $8,025.82 $874,814.03

125 31 Oct $87,481.40 $78,733.26 $8,748.14 $953,547.29

126 01 Nov $95,354.73 $85,819.26 $9,535.47 $1,039,366.55

127 02 Nov $103,936.66 $93,542.99 $10,393.67 $1,132,909.54

128 03 Nov $113,290.95 $101,961.86 $11,329.10 $1,234,871.40

129 04 Nov $123,487.14 $111,138.43 $12,348.71 $1,346,009.83

130 05 Nov $134,600.98 $121,140.88 $13,460.10 $1,467,150.71

131 06 Nov $146,715.07 $132,043.56 $14,671.51 $1,599,194.27

132 07 Nov $159,919.43 $143,927.48 $15,991.94 $1,743,121.76

133 08 Nov $174,312.18 $156,880.96 $17,431.22 $1,900,002.72

134 09 Nov $190,000.27 $171,000.24 $19,000.03 $2,071,002.96

135 10 Nov $207,100.30 $186,390.27 $20,710.03 $2,257,393.23

136 11 Nov $225,739.32 $203,165.39 $22,573.93 $2,460,558.62

137 12 Nov $246,055.86 $221,450.28 $24,605.59 $2,682,008.89

138 13 Nov $268,200.89 $241,380.80 $26,820.09 $2,923,389.69

139 14 Nov $292,338.97 $263,105.07 $29,233.90 $3,186,494.77

140 15 Nov $318,649.48 $286,784.53 $31,864.95 $3,473,279.29

141 16 Nov $347,327.93 $312,595.14 $34,732.79 $3,785,874.43

142 17 Nov $378,587.44 $340,728.70 $37,858.74 $4,126,603.13

143 18 Nov $412,660.31 $371,394.28 $41,266.03 $4,497,997.41

144 19 Nov $449,799.74 $404,819.77 $44,979.97 $4,902,817.18

145 20 Nov $490,281.72 $441,253.55 $49,028.17 $5,344,070.72

146 21 Nov $534,407.07 $480,966.37 $53,440.71 $5,825,037.09

147 22 Nov $582,503.71 $524,253.34 $58,250.37 $6,349,290.43

148 23 Nov $634,929.04 $571,436.14 $63,492.90 $6,920,726.57

 149 24 Nov $692,072.66 $622,865.39 $69,207.27 $7,543,591.96

150 25 Nov $754,359.20 $678,923.28 $75,435.92 $8,222,515.23

151 26 Nov $822,251.52 $740,026.37 $82,225.15 $8,962,541.60

152 27 Nov $896,254.16 $806,628.74 $89,625.42 $9,769,170.35

153 28 Nov $976,917.03 $879,225.33 $97,691.70 $10,648,395.68

Total $11,831,528.53 $10,648,375.68 $1,183,152.85 $10,648,395.68

Disclaimer: Whilst every effort has been made in building this tool, we are not to be held liable for any damages or
monetary losses arising out of or in connection with the use of it. Full disclaimer. This tool is here purely as a service to
you, please use it at your own risk.

How to calculate daily compound interest

With some types of investments you might find that your interest is
compounded daily, meaning that you're earning interest on both the
principal amount and previously accrued interest on a daily basis. This is
often the case with some bitcoin and crypto currency trading platforms.
When interest is compounded so frequently on a fixed basis, it can mean
that the interest accrued increases quickly, as every day's interest figure is
bigger than the previous day.

Daily compound interest is calculated using a simplified version of the

compound interest formula.

Formula for daily compound interest

The formula used for daily compound interest, with a fixed daily interest
rate, is:

A = P(1+r)t

A = the future value of the investment

P = the principal investment amount
 r = the daily interest rate (decimal)
t = the number of days the money is invested for

Example investment
Let's use the example of $1,000 at 0.4% daily for 365 days.

P = 1000
r = 0.4/100 = 0.004
t = 365

Let's put these into our formula:

A = P(1+r)t

A = 1000(1+0.004)365

A = 1000 * 4.2934377972993

A = 4293.4377972993

To get the total interest, we deduct the principal amount (1000) from the
future value. This gives us interest of $3293.44

What is the daily reinvest rate?

The daily reinvest rate is the percentage figure that you wish to keep in the
investment for future days of compounding. As an example, you may wish
to only reinvest 80% of the daily interest you're receiving back into the
investment and withdraw the other 20% in cash.

Let's look at an example. If your initial investment is $5,000 with a 0.5%

daily interest rate, your interest after the first day will be £25. If you choose
an 80% daily reinvestment rate, $20 will be added to your investment
balance, giving you a total of $5020 at the end of day one. The remaining
$5 will be withdrawn as cash.
↑ back to calculator

FAQ - Deduct w/e from time

The option to deduct weekends from the years, months, and days figure
you've entered, allows you two options for compounding when excluding
weekends. Let's look at each option with an example of a one-year
calculation...

Yes. You want to compound for one year minus weekends (one year,
net of weekends). This means your figure will compound for around 261
BUSINESS days, with an end date 365 days from your start date,
depending on when the weekends fall.

No. You want to compound for one year, with weekends excluded from
the time (one year gross). This means your figure will compound for
365 BUSINESS days, with an end date around 509 days from your start
date, depending on when the weekends fall.

↑ back to calculator

If you have any questions about this daily compound interest calculator,
please get in touch.