$7,500 invested at 10% for 5 years
Future value
$12,079
Interest earned
$4,579
Total growth
61.051%
Investing $7,500 at 10% compounded annually for 5 years grows to $12,079. That's $4,579 of compound interest earned on your original $7,500.
FV = $7,500 × (1 + 10%)^5
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