$25,000 invested at 9% for 3 years
Future value
$32,376
Interest earned
$7,376
Total growth
29.5029%
Investing $25,000 at 9% compounded annually for 3 years grows to $32,376. That's $7,376 of compound interest earned on your original $25,000.
FV = $25,000 × (1 + 9%)^3
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