$25,000 invested at 3% for 3 years
Future value
$27,318
Interest earned
$2,318
Total growth
9.2727%
Investing $25,000 at 3% compounded annually for 3 years grows to $27,318. That's $2,318 of compound interest earned on your original $25,000.
FV = $25,000 × (1 + 3%)^3
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