$10,000 invested at 9% for 3 years
Future value
$12,950
Interest earned
$2,950
Total growth
29.5029%
Investing $10,000 at 9% compounded annually for 3 years grows to $12,950. That's $2,950 of compound interest earned on your original $10,000.
FV = $10,000 × (1 + 9%)^3
AdvertisementAd space
Try your own numbers in the Compound Interest CalculatorAdvertisementAd space