$1,000 invested at 9% for 10 years
Future value
$2,367
Interest earned
$1,367
Total growth
136.736%
Investing $1,000 at 9% compounded annually for 10 years grows to $2,367. That's $1,367 of compound interest earned on your original $1,000.
FV = $1,000 × (1 + 9%)^10
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