$3,000 invested at 6% for 30 years
Future value
$17,230
Interest earned
$14,230
Total growth
474.349%
Investing $3,000 at 6% compounded annually for 30 years grows to $17,230. That's $14,230 of compound interest earned on your original $3,000.
FV = $3,000 × (1 + 6%)^30
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