$3,000 invested at 9% for 15 years
Future value
$10,927
Interest earned
$7,927
Total growth
264.248%
Investing $3,000 at 9% compounded annually for 15 years grows to $10,927. That's $7,927 of compound interest earned on your original $3,000.
FV = $3,000 × (1 + 9%)^15
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