$7,500 invested at 10% for 1 years
Future value
$8,250
Interest earned
$750
Total growth
10%
Investing $7,500 at 10% compounded annually for 1 years grows to $8,250. That's $750 of compound interest earned on your original $7,500.
FV = $7,500 × (1 + 10%)^1
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