$7,500 invested at 2% for 3 years
Future value
$7,959
Interest earned
$459
Total growth
6.1208%
Investing $7,500 at 2% compounded annually for 3 years grows to $7,959. That's $459 of compound interest earned on your original $7,500.
FV = $7,500 × (1 + 2%)^3
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