$7,500 invested at 9% for 20 years
Future value
$42,033
Interest earned
$34,533
Total growth
460.441%
Investing $7,500 at 9% compounded annually for 20 years grows to $42,033. That's $34,533 of compound interest earned on your original $7,500.
FV = $7,500 × (1 + 9%)^20
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