$20,000 invested at 6% for 10 years
Future value
$35,817
Interest earned
$15,817
Total growth
79.0848%
Investing $20,000 at 6% compounded annually for 10 years grows to $35,817. That's $15,817 of compound interest earned on your original $20,000.
FV = $20,000 × (1 + 6%)^10
AdvertisementAd space
Try your own numbers in the Compound Interest CalculatorAdvertisementAd space