$2,000 invested at 6% for 5 years
Future value
$2,676
Interest earned
$676
Total growth
33.8226%
Investing $2,000 at 6% compounded annually for 5 years grows to $2,676. That's $676 of compound interest earned on your original $2,000.
FV = $2,000 × (1 + 6%)^5
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