$13,000 at 3% Interest for 40 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 40 years at 3% interest, your initial investment of $13,000 will have grown to $42,406.
You will have earned $29,406 in interest.
How much will savings of $13,000 be worth in 40 years if invested at a 3.00% interest rate?
This calculator determines the future value of $13k invested for 40 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 $13,000 at 3% Interest
| Year | Amount |
|---|---|
| 0 | $13,000 |
| 1 | $13,390 |
| 2 | $13,792 |
| 3 | $14,205 |
| 4 | $14,632 |
| 5 | $15,071 |
| 6 | $15,523 |
| 7 | $15,988 |
| 8 | $16,468 |
| 9 | $16,962 |
| 10 | $17,471 |
| 11 | $17,995 |
| 12 | $18,535 |
| 13 | $19,091 |
| 14 | $19,664 |
| 15 | $20,254 |
| 16 | $20,861 |
| 17 | $21,487 |
| 18 | $22,132 |
| 19 | $22,796 |
| 20 | $23,479 |
| 21 | $24,184 |
| 22 | $24,909 |
| 23 | $25,657 |
| 24 | $26,426 |
| 25 | $27,219 |
| 26 | $28,036 |
| 27 | $28,877 |
| 28 | $29,743 |
| 29 | $30,635 |
| 30 | $31,554 |
| 31 | $32,501 |
| 32 | $33,476 |
| 33 | $34,480 |
| 34 | $35,515 |
| 35 | $36,580 |
| 36 | $37,678 |
| 37 | $38,808 |
| 38 | $39,972 |
| 39 | $41,171 |
| 40 | $42,406 |
$13,000 for 40 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $19,355 |
| 2% | $28,705 |
| 3% | $42,406 |
| 4% | $62,413 |
| 5% | $91,520 |
| 6% | $133,714 |
| 8% | $282,419 |
| 10% | $588,370 |
| 12% | $1,209,663 |
| 15% | $3,482,226 |
| 20% | $19,107,030 |