$1,000 invested at 9% for 15 years
Future value
$3,642
Interest earned
$2,642
Total growth
264.248%
Investing $1,000 at 9% compounded annually for 15 years grows to $3,642. That's $2,642 of compound interest earned on your original $1,000.
FV = $1,000 × (1 + 9%)^15
AdvertisementAd space
Try your own numbers in the Compound Interest CalculatorAdvertisementAd space