How Compound Interest Works Use this calculator to better see the potential impact of compound interest on an asset. You are viewing this website at a small screen resolution which doesn't support calculators. Click here to view this calculator. Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content Is Term Life Insurance for You? Term insurance is the simplest form of life insurance. Here's how it works. Tax Freedom Day Assess how many days you'll work to pay your federal tax liability. Inflation & Your Money It's important to understand how inflation is reported and how it can affect investments.