$1,000 invested at 2% for 10 years
Future value
$1,219
Interest earned
$219
Total growth
21.8994%
Investing $1,000 at 2% compounded annually for 10 years grows to $1,219. That's $219 of compound interest earned on your original $1,000.
FV = $1,000 × (1 + 2%)^10
AdvertisementAd space
Try your own numbers in the Compound Interest CalculatorAdvertisementAd space