$75,000 invested at 8% for 5 years
Future value
$110,200
Interest earned
$35,200
Total growth
46.9328%
Investing $75,000 at 8% compounded annually for 5 years grows to $110,200. That's $35,200 of compound interest earned on your original $75,000.
FV = $75,000 × (1 + 8%)^5
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