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$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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