$20,000 at 3.5% APY with $200 Monthly Deposits
Starting with $20K savings? Here's how compound interest grows your money
Results Summary
Total After 5 Years
$36,957.83
Your Deposits
$32,000.00
Interest Earned
$4,957.83
Who is this for?
Professionals with established savings looking to optimize growth
Try Your Own Numbers
Year-by-Year Breakdown
| Year | Total Balance | Interest Earned | Total Deposits |
|---|---|---|---|
| Year 1 | $23,158.42 | $758.42 | $22,400.00 |
| Year 2 | $26,429.33 | $1,629.33 | $24,800.00 |
| Year 3 | $29,816.74 | $2,616.74 | $27,200.00 |
| Year 4 | $33,324.81 | $3,724.81 | $29,600.00 |
| Year 5 | $36,957.83 | $4,957.83 | $32,000.00 |