$13,000 at 8% Interest for 3 Years
How much money will your investment be worth if you let the interest grow?
After investing for 3 years at 8% interest, your initial investment of $13,000 will have grown to $16,376.
You will have earned $3,376 in interest.
How much will savings of $13,000 be worth in 3 years if invested at a 8.00% interest rate?
This calculator determines the future value of $13k invested for 3 years at a constant yield of 8.00% compounded annually.
Did Albert Einstein really say "Compound interest is the most powerful force in the universe?"
Nevertheless, investing money consistently over a long period of time has made many people very rich.
Growth of $13,000 at 8% Interest
Year |
Amount |
0 |
$13,000 |
1 |
$14,040 |
2 |
$15,163 |
3 |
$16,376 |
$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 |