Interest
Calculator
Calculate simple and compound interest on your savings and investments.
Results
Principal
$10,000.00
Total Interest
$5,000.00
Final Amount
$15,000.00
Yearly Breakdown
| Year | Balance | Interest |
|---|---|---|
| 1 | $10,500.00 | $500.00 |
| 2 | $11,000.00 | $500.00 |
| 3 | $11,500.00 | $500.00 |
| 4 | $12,000.00 | $500.00 |
| 5 | $12,500.00 | $500.00 |
| 6 | $13,000.00 | $500.00 |
| 7 | $13,500.00 | $500.00 |
| 8 | $14,000.00 | $500.00 |
| 9 | $14,500.00 | $500.00 |
| 10 | $15,000.00 | $500.00 |