$100,000 invested at 10% for 1 years
Future value
$110,000
Interest earned
$10,000
Total growth
10%
Investing $100,000 at 10% compounded annually for 1 years grows to $110,000. That's $10,000 of compound interest earned on your original $100,000.
FV = $100,000 × (1 + 10%)^1
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