$3,000 invested at 12% for 10 years
Future value
$9,318
Interest earned
$6,318
Total growth
210.585%
Investing $3,000 at 12% compounded annually for 10 years grows to $9,318. That's $6,318 of compound interest earned on your original $3,000.
FV = $3,000 × (1 + 12%)^10
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