## About This Tool

The online Compound Growth Calculator is used to solve the compound growth problems. It will calculate any one of the values from the other three in the compound growth formula.

## Compound Growth Formula

The following is the compound growth formula:

y = a(1 + r)^{x}

where:

y = value of the variable after x periods (future compounded value)

a = initial value of the variable

r = compound growth rate

x = number of periods