$5,000 invested at 7% for 15 years
Future value
$13,795
Interest earned
$8,795
Total growth
175.903%
Investing $5,000 at 7% compounded annually for 15 years grows to $13,795. That's $8,795 of compound interest earned on your original $5,000.
FV = $5,000 × (1 + 7%)^15
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