$1,000 invested at 9% for 30 years
Future value
$13,268
Interest earned
$12,268
Total growth
1,226.77%
Investing $1,000 at 9% compounded annually for 30 years grows to $13,268. That's $12,268 of compound interest earned on your original $1,000.
FV = $1,000 × (1 + 9%)^30
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