$3,000 invested at 9% for 1 years
Future value
$3,270
Interest earned
$270
Total growth
9%
Investing $3,000 at 9% compounded annually for 1 years grows to $3,270. That's $270 of compound interest earned on your original $3,000.
FV = $3,000 × (1 + 9%)^1
AdvertisementAd space
Try your own numbers in the Compound Interest CalculatorAdvertisementAd space