$1,000 invested at 4% for 10 years
Future value
$1,480
Interest earned
$480
Total growth
48.0244%
Investing $1,000 at 4% compounded annually for 10 years grows to $1,480. That's $480 of compound interest earned on your original $1,000.
FV = $1,000 × (1 + 4%)^10
AdvertisementAd space
Try your own numbers in the Compound Interest CalculatorAdvertisementAd space