$7,500 invested at 6% for 3 years
Future value
$8,933
Interest earned
$1,433
Total growth
19.1016%
Investing $7,500 at 6% compounded annually for 3 years grows to $8,933. That's $1,433 of compound interest earned on your original $7,500.
FV = $7,500 × (1 + 6%)^3
AdvertisementAd space
Try your own numbers in the Compound Interest CalculatorAdvertisementAd space