$10,000 invested at 8% for 1 years
Future value
$10,800
Interest earned
$800
Total growth
8%
Investing $10,000 at 8% compounded annually for 1 years grows to $10,800. That's $800 of compound interest earned on your original $10,000.
FV = $10,000 × (1 + 8%)^1
AdvertisementAd space
Try your own numbers in the Compound Interest CalculatorAdvertisementAd space