$10,000 invested at 6% for 1 years
Future value
$10,600
Interest earned
$600
Total growth
6%
Investing $10,000 at 6% compounded annually for 1 years grows to $10,600. That's $600 of compound interest earned on your original $10,000.
FV = $10,000 × (1 + 6%)^1
AdvertisementAd space
Try your own numbers in the Compound Interest CalculatorAdvertisementAd space