After 10 years you will have: $15,000.00
Initial Investment
$10,000.00
Interest
$5,000.00
1.0
1.5
2.0
2.5
3.0
3.5
4.0
4.5
5.0
5.5
6.0
6.5
7.0
7.5
8.0
8.5
9.0
9.5
10.0
$0
$5,000
$10,000
$15,000
Year | Year Interest | Total Interest | Balance |
---|---|---|---|
1 | $500.00 | $500.00 | $10,500.00 |
2 | $500.00 | $1,000.00 | $11,000.00 |
3 | $500.00 | $1,500.00 | $11,500.00 |
4 | $500.00 | $2,000.00 | $12,000.00 |
5 | $500.00 | $2,500.00 | $12,500.00 |
6 | $500.00 | $3,000.00 | $13,000.00 |
7 | $500.00 | $3,500.00 | $13,500.00 |
8 | $500.00 | $4,000.00 | $14,000.00 |
9 | $500.00 | $4,500.00 | $14,500.00 |
10 | $500.00 | $5,000.00 | $15,000.00 |