$10,000 invested at 3% for 15 years
Future value
$15,580
Interest earned
$5,580
Total growth
55.7967%
Investing $10,000 at 3% compounded annually for 15 years grows to $15,580. That's $5,580 of compound interest earned on your original $10,000.
FV = $10,000 × (1 + 3%)^15
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