$5,000 invested at 9% for 20 years
Future value
$28,022
Interest earned
$23,022
Total growth
460.441%
Investing $5,000 at 9% compounded annually for 20 years grows to $28,022. That's $23,022 of compound interest earned on your original $5,000.
FV = $5,000 × (1 + 9%)^20
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