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 Question Thank you! Oops! Related Content What Do Your Taxes Pay For? Here's a breakdown of how the federal government spends your tax money. Does Your Child Need to File an Income Tax Return? When your child has income, there’s a good chance that he or she will need to report it and pay taxes. Insurance Needs Assessment: When You're Young and Single Even if you’re young and single, you should still consider protecting yourself.