$20,000 invested at 3% for 10 years
Future value
$26,878
Interest earned
$6,878
Total growth
34.3916%
Investing $20,000 at 3% compounded annually for 10 years grows to $26,878. That's $6,878 of compound interest earned on your original $20,000.
FV = $20,000 × (1 + 3%)^10
AdvertisementAd space
Try your own numbers in the Compound Interest CalculatorAdvertisementAd space