$1,000 invested at 8% for 10 years
Future value
$2,159
Interest earned
$1,159
Total growth
115.892%
Investing $1,000 at 8% compounded annually for 10 years grows to $2,159. That's $1,159 of compound interest earned on your original $1,000.
FV = $1,000 × (1 + 8%)^10
AdvertisementAd space
Try your own numbers in the Compound Interest CalculatorAdvertisementAd space