$5,000 invested at 9% for 5 years
Future value
$7,693
Interest earned
$2,693
Total growth
53.8624%
Investing $5,000 at 9% compounded annually for 5 years grows to $7,693. That's $2,693 of compound interest earned on your original $5,000.
FV = $5,000 × (1 + 9%)^5
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