$3,000 invested at 3% for 15 years
Future value
$4,674
Interest earned
$1,674
Total growth
55.7967%
Investing $3,000 at 3% compounded annually for 15 years grows to $4,674. That's $1,674 of compound interest earned on your original $3,000.
FV = $3,000 × (1 + 3%)^15
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