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Use our daily compound interest calculator to see how money grows over time when interest is compounded daily. With formulas! Free compound interest calculator to convert and compare interest rates of different compounding periods, or to gain more knowledge on compound interest. Daily Interest Rate is the annual interest rate divided by the number of compounding periods in a year (365 for daily compounding), converting the annual rate into a daily rate. Number of Days is the duration for which the interest is calculate. Understanding this formula is crucial for anyone looking to calculate daily interest accurately. Use our compound interest calculator to see how your savings or investments might grow over time using the power of compound interest