$10,000 invested at 5% for 15 years
Future value
$20,789
Interest earned
$10,789
Total growth
107.893%
Investing $10,000 at 5% compounded annually for 15 years grows to $20,789. That's $10,789 of compound interest earned on your original $10,000.
FV = $10,000 × (1 + 5%)^15
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