$13,000 at 5% Interest for 3 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 3 years at 5% interest, your initial investment of $13,000 will have grown to $15,049.
You will have earned $2,049 in interest.
How much will savings of $13,000 be worth in 3 years if invested at a 5.00% interest rate?
This calculator determines the future value of $13k invested for 3 years at a constant yield of 5.00% 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 5% Interest
| Year | Amount |
|---|---|
| 0 | $13,000 |
| 1 | $13,650 |
| 2 | $14,333 |
| 3 | $15,049 |
$13,000 for 3 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $13,394 |
| 2% | $13,796 |
| 3% | $14,205 |
| 4% | $14,623 |
| 5% | $15,049 |
| 6% | $15,483 |
| 8% | $16,376 |
| 10% | $17,303 |
| 12% | $18,264 |
| 15% | $19,771 |
| 20% | $22,464 |