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$2,000 invested at 5% for 5 years

Future value

$2,553

Interest earned

$553

Total growth

27.6282%

Investing $2,000 at 5% compounded annually for 5 years grows to $2,553. That's $553 of compound interest earned on your original $2,000.

FV = $2,000 × (1 + 5%)^5

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