$5,000 invested at 10% for 5 years
Future value
$8,053
Interest earned
$3,053
Total growth
61.051%
Investing $5,000 at 10% compounded annually for 5 years grows to $8,053. That's $3,053 of compound interest earned on your original $5,000.
FV = $5,000 × (1 + 10%)^5
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