$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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