$2,000 invested at 12% for 3 years
Future value
$2,810
Interest earned
$810
Total growth
40.4928%
Investing $2,000 at 12% compounded annually for 3 years grows to $2,810. That's $810 of compound interest earned on your original $2,000.
FV = $2,000 × (1 + 12%)^3
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