Compound Interest Calculator

See how your investments grow with compound interest over time

Future Value after 10 years
$20,097
Total Invested
$10,000
Interest Earned
$10,097
Return
101.0%

Year-by-Year Growth

YearBalanceGrowth
1$10,723+$9,723
2$11,498+$775
3$12,329+$831
4$13,221+$891
5$14,176+$956
6$15,201+$1,025
7$16,300+$1,099
8$17,478+$1,178
9$18,742+$1,264
10$20,097+$1,355

How to use:

  • • Enter your initial investment, annual interest rate, and time period
  • • Add a monthly contribution to model regular savings
  • • Choose compounding frequency (monthly is most common for savings)
  • • The year-by-year table shows your account balance growth

Compound Interest FAQ