$3,000 invested at 2% for 10 years
Future value
$3,657
Interest earned
$657
Total growth
21.8994%
Investing $3,000 at 2% compounded annually for 10 years grows to $3,657. That's $657 of compound interest earned on your original $3,000.
FV = $3,000 × (1 + 2%)^10
AdvertisementAd space
Try your own numbers in the Compound Interest CalculatorAdvertisementAd space