$10,000 invested at 6% for 3 years
Future value
$11,910
Interest earned
$1,910
Total growth
19.1016%
Investing $10,000 at 6% compounded annually for 3 years grows to $11,910. That's $1,910 of compound interest earned on your original $10,000.
FV = $10,000 × (1 + 6%)^3
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