$1,000 invested at 2% for 15 years
Future value
$1,346
Interest earned
$346
Total growth
34.5868%
Investing $1,000 at 2% compounded annually for 15 years grows to $1,346. That's $346 of compound interest earned on your original $1,000.
FV = $1,000 × (1 + 2%)^15
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