$10,000 invested at 12% for 5 years
Future value
$17,623
Interest earned
$7,623
Total growth
76.2342%
Investing $10,000 at 12% compounded annually for 5 years grows to $17,623. That's $7,623 of compound interest earned on your original $10,000.
FV = $10,000 × (1 + 12%)^5
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