$1,000 invested at 5% for 30 years
Future value
$4,322
Interest earned
$3,322
Total growth
332.194%
Investing $1,000 at 5% compounded annually for 30 years grows to $4,322. That's $3,322 of compound interest earned on your original $1,000.
FV = $1,000 × (1 + 5%)^30
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