$5,000 invested at 9% for 3 years
Future value
$6,475
Interest earned
$1,475
Total growth
29.5029%
Investing $5,000 at 9% compounded annually for 3 years grows to $6,475. That's $1,475 of compound interest earned on your original $5,000.
FV = $5,000 × (1 + 9%)^3
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