$7,500 invested at 10% for 15 years
Future value
$31,329
Interest earned
$23,829
Total growth
317.725%
Investing $7,500 at 10% compounded annually for 15 years grows to $31,329. That's $23,829 of compound interest earned on your original $7,500.
FV = $7,500 × (1 + 10%)^15
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