There are simple online calculators you can use. I plugged in your numbers and got:
Total Interest $1,257.76 Ending Balance $2,257.76
http://www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php
Suppose you deposit $1000 in a savings account that pays 4.8% interest compounded monthly. How mush money will be in the account after 17 years?
