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$10,000 invested at 4% for 3 years

Future value

$11,249

Interest earned

$1,249

Total growth

12.4864%

Investing $10,000 at 4% compounded annually for 3 years grows to $11,249. That's $1,249 of compound interest earned on your original $10,000.

FV = $10,000 × (1 + 4%)^3

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