$12,000 at 3% Interest for 30 Years

How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 30 years at 3% interest, your initial investment of $12,000 will have grown to $29,127.
You will have earned $17,127 in interest.
How much will savings of $12,000 be worth in 30 years if invested at a 3.00% interest rate?
This calculator determines the future value of $12k invested for 30 years at a constant yield of 3.00% compounded annually.
Did Albert Einstein really say "Compound interest is the most powerful force in the universe?"
According to Snopes, the answer is probably not.
Nevertheless, investing money consistently over a long period of time has made many people very rich.
Growth of $12,000 at 3% Interest
Year Amount
0 $12,000
1 $12,360
2 $12,731
3 $13,113
4 $13,506
5 $13,911
6 $14,329
7 $14,758
8 $15,201
9 $15,657
10 $16,127
11 $16,611
12 $17,109
13 $17,622
14 $18,151
15 $18,696
16 $19,256
17 $19,834
18 $20,429
19 $21,042
20 $21,673
21 $22,324
22 $22,993
23 $23,683
24 $24,394
25 $25,125
26 $25,879
27 $26,655
28 $27,455
29 $28,279
30 $29,127
$12,000 for 30 Years by Interest Rate
Rate Amount
1% $16,174
2% $21,736
3% $29,127
4% $38,921
5% $51,863
6% $68,922
8% $120,752
10% $209,393
12% $359,519
15% $794,541
20% $2,848,516