$5,000 invested at 2% for 1 years
Future value
$5,100
Interest earned
$100
Total growth
2%
Investing $5,000 at 2% compounded annually for 1 years grows to $5,100. That's $100 of compound interest earned on your original $5,000.
FV = $5,000 × (1 + 2%)^1
AdvertisementAd space
Try your own numbers in the Compound Interest CalculatorAdvertisementAd space