$10,000 invested at 10% for 1 years
Future value
$11,000
Interest earned
$1,000
Total growth
10%
Investing $10,000 at 10% compounded annually for 1 years grows to $11,000. That's $1,000 of compound interest earned on your original $10,000.
FV = $10,000 × (1 + 10%)^1
AdvertisementAd space
Try your own numbers in the Compound Interest CalculatorAdvertisementAd space