Calculate compound interest growth
Final Balance
$37,405
$15,405
Total Interest
$22,000
Total Contributions
| Year | Start Balance | Contributions | Interest | End Balance |
|---|---|---|---|---|
| 1 | $10,000 | $1,200 | +$765 | $11,923 |
| 2 | $11,923 | $1,200 | +$904 | $13,985 |
| 3 | $13,985 | $1,200 | +$1,053 | $16,196 |
| 4 | $16,196 | $1,200 | +$1,213 | $18,567 |
| 5 | $18,567 | $1,200 | +$1,384 | $21,109 |
| 6 | $21,109 | $1,200 | +$1,568 | $23,835 |
| 7 | $23,835 | $1,200 | +$1,765 | $26,758 |
| 8 | $26,758 | $1,200 | +$1,976 | $29,892 |
| 9 | $29,892 | $1,200 | +$2,203 | $33,253 |
| 10 | $33,253 | $1,200 | +$2,446 | $36,857 |