$15,000 invested at 10% for 10 years
Future value
$38,906
Interest earned
$23,906
Total growth
159.374%
Investing $15,000 at 10% compounded annually for 10 years grows to $38,906. That's $23,906 of compound interest earned on your original $15,000.
FV = $15,000 × (1 + 10%)^10
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