$7,500 invested at 3% for 10 years
Future value
$10,079
Interest earned
$2,579
Total growth
34.3916%
Investing $7,500 at 3% compounded annually for 10 years grows to $10,079. That's $2,579 of compound interest earned on your original $7,500.
FV = $7,500 × (1 + 3%)^10
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