$1,000 at 5% for 10 years

A single deposit of $1,000 at 5% a year becomes about $1,647 after 10 years (compounded monthly, no extra deposits).

Future balance

Year by year

YearDepositedInterestBalance

With monthly deposits

Monthly depositBalance after 10 years
$0$1,647
$100$17,175
$250$40,468
$500$79,288
$1,000$156,929

Projection at a steady 5% return; real returns vary.

Frequently asked questions

How much is $1,000 worth after 10 years at 5%?

About $1,647 compounded monthly, with no further deposits.