$2,000 invested at 7% for 15 years
Future value
$5,518
Interest earned
$3,518
Total growth
175.903%
Investing $2,000 at 7% compounded annually for 15 years grows to $5,518. That's $3,518 of compound interest earned on your original $2,000.
FV = $2,000 × (1 + 7%)^15
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