$15 at 3% Interest for 15 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 15 years at 3% interest, your initial investment of $15 will have grown to $23.37.
You will have earned $8.37 in interest.
How much will savings of $15 be worth in 15 years if invested at a 3.00% interest rate?
This calculator determines the future value of $15 invested for 15 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 $15 at 3% Interest
| Year | Amount |
|---|---|
| 0 | $15.00 |
| 1 | $15.45 |
| 2 | $15.91 |
| 3 | $16.39 |
| 4 | $16.88 |
| 5 | $17.39 |
| 6 | $17.91 |
| 7 | $18.45 |
| 8 | $19.00 |
| 9 | $19.57 |
| 10 | $20.16 |
| 11 | $20.76 |
| 12 | $21.39 |
| 13 | $22.03 |
| 14 | $22.69 |
| 15 | $23.37 |
$15 for 15 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $17.41 |
| 2% | $20.19 |
| 3% | $23.37 |
| 4% | $27.01 |
| 5% | $31.18 |
| 6% | $35.95 |
| 8% | $47.58 |
| 10% | $62.66 |
| 12% | $82.10 |
| 15% | $122.06 |
| 20% | $231.11 |