$3,000 invested at 10% for 15 years
Future value
$12,532
Interest earned
$9,532
Total growth
317.725%
Investing $3,000 at 10% compounded annually for 15 years grows to $12,532. That's $9,532 of compound interest earned on your original $3,000.
FV = $3,000 × (1 + 10%)^15
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