$10,000 invested at 6% for 5 years
Future value
$13,382
Interest earned
$3,382
Total growth
33.8226%
Investing $10,000 at 6% compounded annually for 5 years grows to $13,382. That's $3,382 of compound interest earned on your original $10,000.
FV = $10,000 × (1 + 6%)^5
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