Compound Interest

Compound Interest

Calculate growth with compounding returns

Investment
$
8%
10 yrs

Final Amount

$22,196

Interest Earned

$12,196

Growth Multiplier

2.22×

Effective Annual Rate

8.30%

Principal

$10,000

Year-by-Year Growth

Year 1
$10,830
Year 2
$11,729
Year 3
$12,702
Year 4
$13,757
Year 5
$14,898
Year 6
$16,135
Year 7
$17,474
Year 8
$18,925
Year 9
$20,495
Year 10
$22,196