1st City Credit Union
5011 Hampton Ave.
St. Louis, MO 63109
(314) 353-6676
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Your total savings after 10 years will be $7,868.05.
Savings Summary |
|
| Starting amount | $1,000.00 |
| Years | 10 |
| Additional contributions | $50.00 per month |
| Rate of return | 2.0000 compounded daily |
| Total amount contributed | $7,000.00 |
| Total at end of investment | $7,868.05 |
Savings Balance by Year
| Year | Additions | Interest | Balance | |
| 1 | $600.00 | $26.66 | $1,626.66 | |
| 2 | $600.00 | $39.32 | $2,265.98 | |
| 3 | $600.00 | $52.23 | $2,918.21 | |
| 4 | $600.00 | $65.41 | $3,583.62 | |
| 5 | $600.00 | $78.85 | $4,262.47 | |
| 6 | $600.00 | $92.56 | $4,955.04 | |
| 7 | $600.00 | $106.55 | $5,661.59 | |
| 8 | $600.00 | $120.83 | $6,382.42 | |
| 9 | $600.00 | $135.39 | $7,117.81 | |
| 10 | $600.00 | $150.24 | $7,868.05 | |
These calculators are provided only as a general self-help planning tool and not to provide investment advice. Results depend on many factors. We do not guarantee their accuracy, or applicability to your circumstances. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.