$10,000 invested at 10% for 3 years
Future value
$13,310
Interest earned
$3,310
Total growth
33.1%
Investing $10,000 at 10% compounded annually for 3 years grows to $13,310. That's $3,310 of compound interest earned on your original $10,000.
FV = $10,000 × (1 + 10%)^3
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