$1,000 invested at 4% for 30 years
Future value
$3,243
Interest earned
$2,243
Total growth
224.34%
Investing $1,000 at 4% compounded annually for 30 years grows to $3,243. That's $2,243 of compound interest earned on your original $1,000.
FV = $1,000 × (1 + 4%)^30
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