$25,000 invested at 12% for 1 years
Future value
$28,000
Interest earned
$3,000
Total growth
12%
Investing $25,000 at 12% compounded annually for 1 years grows to $28,000. That's $3,000 of compound interest earned on your original $25,000.
FV = $25,000 × (1 + 12%)^1
AdvertisementAd space
Try your own numbers in the Compound Interest CalculatorAdvertisementAd space