$100,000 invested at 3% for 10 years
Future value
$134,392
Interest earned
$34,392
Total growth
34.3916%
Investing $100,000 at 3% compounded annually for 10 years grows to $134,392. That's $34,392 of compound interest earned on your original $100,000.
FV = $100,000 × (1 + 3%)^10
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