Compound Interest Calculator
Investment Details
Enter your investment parameters
Additional Contributions (Optional)
Future Value
$20,096.61
Interest Earned
$10,096.61
Effective Rate (APY)
7.23%
Year-by-Year Breakdown
See how your investment grows over time
| Year | Starting Balance | Interest Earned | Contributions | Ending Balance |
|---|---|---|---|---|
| 1 | $10,000.00 | +$722.90 | — | $10,722.90 |
| 2 | $10,722.90 | +$775.16 | — | $11,498.06 |
| 3 | $11,498.06 | +$831.20 | — | $12,329.26 |
| 4 | $12,329.26 | +$891.28 | — | $13,220.54 |
| 5 | $13,220.54 | +$955.71 | — | $14,176.25 |
| 10 | $18,741.77 | +$1,354.84 | — | $20,096.61 |