$500 invested at 6% for 10 years
Future value
$895
Interest earned
$395
Total growth
79.0848%
Investing $500 at 6% compounded annually for 10 years grows to $895. That's $395 of compound interest earned on your original $500.
FV = $500 × (1 + 6%)^10
AdvertisementAd space
Try your own numbers in the Compound Interest CalculatorAdvertisementAd space