Calculate how your investments will grow over time with compound interest.
Year | Starting Balance | Interest Earned | Ending Balance | Total Interest |
---|---|---|---|---|
1 | $5,000.00 | $250.00 | $5,250.00 | $250.00 |
2 | $5,250.00 | $262.50 | $5,512.50 | $512.50 |
3 | $5,512.50 | $275.63 | $5,788.13 | $788.13 |
4 | $5,788.13 | $289.41 | $6,077.53 | $1,077.53 |
5 | $6,077.53 | $303.88 | $6,381.41 | $1,381.41 |