$100,000 invested at 5% for 3 years
Future value
$115,763
Interest earned
$15,763
Total growth
15.7625%
Investing $100,000 at 5% compounded annually for 3 years grows to $115,763. That's $15,763 of compound interest earned on your original $100,000.
FV = $100,000 × (1 + 5%)^3
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