$5,000 invested at 6% for 10 years
Future value
$8,954
Interest earned
$3,954
Total growth
79.0848%
Investing $5,000 at 6% compounded annually for 10 years grows to $8,954. That's $3,954 of compound interest earned on your original $5,000.
FV = $5,000 × (1 + 6%)^10
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