Money calculator
Compound interest calculator
Estimate compound growth from an initial amount, annual rate and time period.
Formula and example
Future value = starting amount × (1 + annual rate)^years, assuming annual compounding and no additional deposits.
Worked example
At 5% compounded annually, 1,000 grows to about 1,628.89 over 10 years, before fees or taxes.
Assumptions and limits
Assumes a constant rate compounded once per year with no extra deposits, withdrawals, taxes or fees.
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