$2,000 invested at 3% for 10 years
Future value
$2,688
Interest earned
$688
Total growth
34.3916%
Investing $2,000 at 3% compounded annually for 10 years grows to $2,688. That's $688 of compound interest earned on your original $2,000.
FV = $2,000 × (1 + 3%)^10
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