$25,000 invested at 2% for 1 years
Future value
$25,500
Interest earned
$500
Total growth
2%
Investing $25,000 at 2% compounded annually for 1 years grows to $25,500. That's $500 of compound interest earned on your original $25,000.
FV = $25,000 × (1 + 2%)^1
AdvertisementAd space
Try your own numbers in the Compound Interest CalculatorAdvertisementAd space