$75,000 invested at 12% for 3 years
Future value
$105,370
Interest earned
$30,370
Total growth
40.4928%
Investing $75,000 at 12% compounded annually for 3 years grows to $105,370. That's $30,370 of compound interest earned on your original $75,000.
FV = $75,000 × (1 + 12%)^3
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