$7,500 invested at 9% for 15 years
Future value
$27,319
Interest earned
$19,819
Total growth
264.248%
Investing $7,500 at 9% compounded annually for 15 years grows to $27,319. That's $19,819 of compound interest earned on your original $7,500.
FV = $7,500 × (1 + 9%)^15
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