$15,000 invested at 12% for 5 years
Future value
$26,435
Interest earned
$11,435
Total growth
76.2342%
Investing $15,000 at 12% compounded annually for 5 years grows to $26,435. That's $11,435 of compound interest earned on your original $15,000.
FV = $15,000 × (1 + 12%)^5
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