$2,000 invested at 9% for 20 years
Future value
$11,209
Interest earned
$9,209
Total growth
460.441%
Investing $2,000 at 9% compounded annually for 20 years grows to $11,209. That's $9,209 of compound interest earned on your original $2,000.
FV = $2,000 × (1 + 9%)^20
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