$10,000 invested at 3% for 3 years
Future value
$10,927
Interest earned
$927
Total growth
9.2727%
Investing $10,000 at 3% compounded annually for 3 years grows to $10,927. That's $927 of compound interest earned on your original $10,000.
FV = $10,000 × (1 + 3%)^3
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