String.prototype.interpolate = function(params) {
  const names = Object.keys(params);
  const vals = Object.values(params);
  return new Function(...names, `return \`${this}\`;`)(...vals);
}

const template = 'Example text: ${text}';
const result = template.interpolate({
  text: 'Foo Boo'
});
console.log(result);