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$2,000 invested at 3% for 3 years

Future value

$2,185

Interest earned

$185

Total growth

9.2727%

Investing $2,000 at 3% compounded annually for 3 years grows to $2,185. That's $185 of compound interest earned on your original $2,000.

FV = $2,000 × (1 + 3%)^3

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