$75,000 invested at 9% for 5 years
Future value
$115,397
Interest earned
$40,397
Total growth
53.8624%
Investing $75,000 at 9% compounded annually for 5 years grows to $115,397. That's $40,397 of compound interest earned on your original $75,000.
FV = $75,000 × (1 + 9%)^5
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