$50,000 invested at 4% for 1 years
Future value
$52,000
Interest earned
$2,000
Total growth
4%
Investing $50,000 at 4% compounded annually for 1 years grows to $52,000. That's $2,000 of compound interest earned on your original $50,000.
FV = $50,000 × (1 + 4%)^1
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