$3,000 invested at 6% for 3 years
Future value
$3,573
Interest earned
$573
Total growth
19.1016%
Investing $3,000 at 6% compounded annually for 3 years grows to $3,573. That's $573 of compound interest earned on your original $3,000.
FV = $3,000 × (1 + 6%)^3
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