$2,000 invested at 6% for 3 years
Future value
$2,382
Interest earned
$382
Total growth
19.1016%
Investing $2,000 at 6% compounded annually for 3 years grows to $2,382. That's $382 of compound interest earned on your original $2,000.
FV = $2,000 × (1 + 6%)^3
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