$75,000 invested at 5% for 1 years
Future value
$78,750
Interest earned
$3,750
Total growth
5%
Investing $75,000 at 5% compounded annually for 1 years grows to $78,750. That's $3,750 of compound interest earned on your original $75,000.
FV = $75,000 × (1 + 5%)^1
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