$20,000 invested at 8% for 10 years
Future value
$43,178
Interest earned
$23,178
Total growth
115.892%
Investing $20,000 at 8% compounded annually for 10 years grows to $43,178. That's $23,178 of compound interest earned on your original $20,000.
FV = $20,000 × (1 + 8%)^10
AdvertisementAd space
Try your own numbers in the Compound Interest CalculatorAdvertisementAd space