$3,000 invested at 4% for 15 years
Future value
$5,403
Interest earned
$2,403
Total growth
80.0944%
Investing $3,000 at 4% compounded annually for 15 years grows to $5,403. That's $2,403 of compound interest earned on your original $3,000.
FV = $3,000 × (1 + 4%)^15
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