$10,000 invested at 7% for 5 years
Future value
$14,026
Interest earned
$4,026
Total growth
40.2552%
Investing $10,000 at 7% compounded annually for 5 years grows to $14,026. That's $4,026 of compound interest earned on your original $10,000.
FV = $10,000 × (1 + 7%)^5
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