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$10,000 invested for 5 years at 2%
Exact compound math for the given inputs.
$11,050.79
future value (monthly compounding, no deposits)
Principal$10,000.00
Interest earned$1,050.79
Growth multiple1.11×
Rule of 7236.0 yrs to double
Frequently asked questions
How much will $10,000 be worth in 5 years at 2%?
With monthly compounding it grows to $11,050.79 — that is $1,050.79 of interest earned on $10,000.00.
What if compounding is annual instead of monthly?
Annual compounding gives $11,040.81 — more frequent compounding always yields slightly more.
How long until it doubles?
The Rule of 72 estimates 36.0 years at 2% (36.00 precisely).
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Change the numbers yourself
Open the interactive compound interest calculator — every field is editable.