$75,000 invested at 9% for 3 years
Future value
$97,127
Interest earned
$22,127
Total growth
29.5029%
Investing $75,000 at 9% compounded annually for 3 years grows to $97,127. That's $22,127 of compound interest earned on your original $75,000.
FV = $75,000 × (1 + 9%)^3
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