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$5,000 invested at 9% for 1 years

Future value

$5,450

Interest earned

$450

Total growth

9%

Investing $5,000 at 9% compounded annually for 1 years grows to $5,450. That's $450 of compound interest earned on your original $5,000.

FV = $5,000 × (1 + 9%)^1

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