$1,000 invested at 12% for 30 years
Future value
$29,960
Interest earned
$28,960
Total growth
2,895.99%
Investing $1,000 at 12% compounded annually for 30 years grows to $29,960. That's $28,960 of compound interest earned on your original $1,000.
FV = $1,000 × (1 + 12%)^30
AdvertisementAd space
Try your own numbers in the Compound Interest CalculatorAdvertisementAd space