$7,500 invested at 12% for 10 years
Future value
$23,294
Interest earned
$15,794
Total growth
210.585%
Investing $7,500 at 12% compounded annually for 10 years grows to $23,294. That's $15,794 of compound interest earned on your original $7,500.
FV = $7,500 × (1 + 12%)^10
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