$3,000 invested at 4% for 20 years
Future value
$6,573
Interest earned
$3,573
Total growth
119.112%
Investing $3,000 at 4% compounded annually for 20 years grows to $6,573. That's $3,573 of compound interest earned on your original $3,000.
FV = $3,000 × (1 + 4%)^20
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