$500 invested at 4% for 15 years
Future value
$900
Interest earned
$400
Total growth
80.0944%
Investing $500 at 4% compounded annually for 15 years grows to $900. That's $400 of compound interest earned on your original $500.
FV = $500 × (1 + 4%)^15
AdvertisementAd space
Try your own numbers in the Compound Interest CalculatorAdvertisementAd space