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$500 invested at 10% for 15 years

Future value

$2,089

Interest earned

$1,589

Total growth

317.725%

Investing $500 at 10% compounded annually for 15 years grows to $2,089. That's $1,589 of compound interest earned on your original $500.

FV = $500 × (1 + 10%)^15

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