$100,000 invested at 12% for 3 years
Future value
$140,493
Interest earned
$40,493
Total growth
40.4928%
Investing $100,000 at 12% compounded annually for 3 years grows to $140,493. That's $40,493 of compound interest earned on your original $100,000.
FV = $100,000 × (1 + 12%)^3
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