$100,000 invested at 6% for 20 years
Future value
$320,714
Interest earned
$220,714
Total growth
220.714%
Investing $100,000 at 6% compounded annually for 20 years grows to $320,714. That's $220,714 of compound interest earned on your original $100,000.
FV = $100,000 × (1 + 6%)^20
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