figure out interest rate from bank on savings over time

[Guest]

I would like to calculate my savings(ex. start value of $2,000 in the bank
with a 2.5% (annual)interest rate over a given time period(ex. 5 years) I
don't know how to get the running total- so you get interest on the interest.
What formula do I use???

Thanks,
Babs

 

[Myrna Larson]

The function is FV. If you don't intend to add anything to the account, set
the payment amount as 0.