Try
AdvertisementAd space

$3,000 invested at 4% for 10 years

Future value

$4,441

Interest earned

$1,441

Total growth

48.0244%

Investing $3,000 at 4% compounded annually for 10 years grows to $4,441. That's $1,441 of compound interest earned on your original $3,000.

FV = $3,000 × (1 + 4%)^10

AdvertisementAd space
Try your own numbers in the Compound Interest Calculator
AdvertisementAd space