$3,000 invested at 3% for 30 years
Future value
$7,282
Interest earned
$4,282
Total growth
142.726%
Investing $3,000 at 3% compounded annually for 30 years grows to $7,282. That's $4,282 of compound interest earned on your original $3,000.
FV = $3,000 × (1 + 3%)^30
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