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$1,000 invested at 3% for 20 years

Future value

$1,806

Interest earned

$806

Total growth

80.6111%

Investing $1,000 at 3% compounded annually for 20 years grows to $1,806. That's $806 of compound interest earned on your original $1,000.

FV = $1,000 × (1 + 3%)^20

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