$5,000 invested at 10% for 3 years
Future value
$6,655
Interest earned
$1,655
Total growth
33.1%
Investing $5,000 at 10% compounded annually for 3 years grows to $6,655. That's $1,655 of compound interest earned on your original $5,000.
FV = $5,000 × (1 + 10%)^3
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