$10,000 invested at 9% for 10 years
Future value
$23,674
Interest earned
$13,674
Total growth
136.736%
Investing $10,000 at 9% compounded annually for 10 years grows to $23,674. That's $13,674 of compound interest earned on your original $10,000.
FV = $10,000 × (1 + 9%)^10
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