$2,000 invested at 9% for 5 years
Future value
$3,077
Interest earned
$1,077
Total growth
53.8624%
Investing $2,000 at 9% compounded annually for 5 years grows to $3,077. That's $1,077 of compound interest earned on your original $2,000.
FV = $2,000 × (1 + 9%)^5
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