$15,000 invested at 2% for 3 years
Future value
$15,918
Interest earned
$918
Total growth
6.1208%
Investing $15,000 at 2% compounded annually for 3 years grows to $15,918. That's $918 of compound interest earned on your original $15,000.
FV = $15,000 × (1 + 2%)^3
AdvertisementAd space
Try your own numbers in the Compound Interest CalculatorAdvertisementAd space