$1,000 invested at 12% for 5 years
Future value
$1,762
Interest earned
$762
Total growth
76.2342%
Investing $1,000 at 12% compounded annually for 5 years grows to $1,762. That's $762 of compound interest earned on your original $1,000.
FV = $1,000 × (1 + 12%)^5
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