Future balance i
£8,144.47
Projection
Future balance i
£8,144.47
Interest earned i
£3,144.47
Total deposits i
£5,000.00
| Year | Deposits | Interest | Balance |
|---|
Future balance i
The final projected account value at the end of the selected time period.
Interest earned i
The amount generated by investment growth rather than by your own deposits.
Total deposits i
The sum of your initial amount and any recurring contributions across the plan.
Initial balance i
The starting amount that begins compounding or simple growth from day one.
Additional deposits i
All deposits added after the start, based on the selected contribution amount and frequency.