$5,000 invested at 12% for 3 years
Future value
$7,025
Interest earned
$2,025
Total growth
40.4928%
Investing $5,000 at 12% compounded annually for 3 years grows to $7,025. That's $2,025 of compound interest earned on your original $5,000.
FV = $5,000 × (1 + 12%)^3
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