$75,000 invested at 5% for 3 years
Future value
$86,822
Interest earned
$11,822
Total growth
15.7625%
Investing $75,000 at 5% compounded annually for 3 years grows to $86,822. That's $11,822 of compound interest earned on your original $75,000.
FV = $75,000 × (1 + 5%)^3
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