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$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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