$250,000 invested at 9% for 3 years
Future value
$323,757
Interest earned
$73,757
Total growth
29.5029%
Investing $250,000 at 9% compounded annually for 3 years grows to $323,757. That's $73,757 of compound interest earned on your original $250,000.
FV = $250,000 × (1 + 9%)^3
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