$100,000 invested at 2% for 3 years
Future value
$106,121
Interest earned
$6,121
Total growth
6.1208%
Investing $100,000 at 2% compounded annually for 3 years grows to $106,121. That's $6,121 of compound interest earned on your original $100,000.
FV = $100,000 × (1 + 2%)^3
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