$1,000 invested at 9% for 5 years
Future value
$1,539
Interest earned
$539
Total growth
53.8624%
Investing $1,000 at 9% compounded annually for 5 years grows to $1,539. That's $539 of compound interest earned on your original $1,000.
FV = $1,000 × (1 + 9%)^5
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