$20,000 invested at 10% for 5 years
Future value
$32,210
Interest earned
$12,210
Total growth
61.051%
Investing $20,000 at 10% compounded annually for 5 years grows to $32,210. That's $12,210 of compound interest earned on your original $20,000.
FV = $20,000 × (1 + 10%)^5
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