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$5,000 invested at 3% for 3 years

Future value

$5,464

Interest earned

$464

Total growth

9.2727%

Investing $5,000 at 3% compounded annually for 3 years grows to $5,464. That's $464 of compound interest earned on your original $5,000.

FV = $5,000 × (1 + 3%)^3

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