$100,000 invested at 3% for 3 years
Future value
$109,273
Interest earned
$9,273
Total growth
9.2727%
Investing $100,000 at 3% compounded annually for 3 years grows to $109,273. That's $9,273 of compound interest earned on your original $100,000.
FV = $100,000 × (1 + 3%)^3
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