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See how your money grows on itself.
A = P × (1 + r/n)^(n × t)
Your principal (P) compounds at rate r, applied n times per year, for t years. The result (A) is your final amount; subtracting P gives total interest earned.
Investing $10,000 at 8% per annum, compounded annually, for 10 years:
Inputs
Results
Principal
$10,000.00
Final amount
$21,589.25
Total interest
$11,589.25
Share of your final amount that's principal vs. compounded interest.
How your principal compounds year by year.
10 years of compounding.