$10,000 invested at 12% for 3 years
Future value
$14,049
Interest earned
$4,049
Total growth
40.4928%
Investing $10,000 at 12% compounded annually for 3 years grows to $14,049. That's $4,049 of compound interest earned on your original $10,000.
FV = $10,000 × (1 + 12%)^3
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