$10,000 invested at 6% for 15 years
Future value
$23,966
Interest earned
$13,966
Total growth
139.656%
Investing $10,000 at 6% compounded annually for 15 years grows to $23,966. That's $13,966 of compound interest earned on your original $10,000.
FV = $10,000 × (1 + 6%)^15
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