$3,000 invested at 9% for 10 years
Future value
$7,102
Interest earned
$4,102
Total growth
136.736%
Investing $3,000 at 9% compounded annually for 10 years grows to $7,102. That's $4,102 of compound interest earned on your original $3,000.
FV = $3,000 × (1 + 9%)^10
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