$10,000 invested at 4% for 15 years
Future value
$18,009
Interest earned
$8,009
Total growth
80.0944%
Investing $10,000 at 4% compounded annually for 15 years grows to $18,009. That's $8,009 of compound interest earned on your original $10,000.
FV = $10,000 × (1 + 4%)^15
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