$2,000 invested at 8% for 20 years
Future value
$9,322
Interest earned
$7,322
Total growth
366.096%
Investing $2,000 at 8% compounded annually for 20 years grows to $9,322. That's $7,322 of compound interest earned on your original $2,000.
FV = $2,000 × (1 + 8%)^20
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