$2,000 invested at 10% for 3 years
Future value
$2,662
Interest earned
$662
Total growth
33.1%
Investing $2,000 at 10% compounded annually for 3 years grows to $2,662. That's $662 of compound interest earned on your original $2,000.
FV = $2,000 × (1 + 10%)^3
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