$10,000 invested at 7% for 10 years
Future value
$19,672
Interest earned
$9,672
Total growth
96.7151%
Investing $10,000 at 7% compounded annually for 10 years grows to $19,672. That's $9,672 of compound interest earned on your original $10,000.
FV = $10,000 × (1 + 7%)^10
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