$1,500 at 3% Interest for 30 Years
How much money will your investment be worth if you let the interest grow?
After investing for 30 years at 3% interest, your initial investment of $1,500 will have grown to $3,641.
You will have earned $2,141 in interest.
How much will savings of $1,500 be worth in 30 years if invested at a 3.00% interest rate?
This calculator determines the future value of $1.5k 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?"
Nevertheless, investing money consistently over a long period of time has made many people very rich.
Growth of $1,500 at 3% Interest
Year |
Amount |
0 |
$1,500 |
1 |
$1,545 |
2 |
$1,591 |
3 |
$1,639 |
4 |
$1,688 |
5 |
$1,739 |
6 |
$1,791 |
7 |
$1,845 |
8 |
$1,900 |
9 |
$1,957 |
10 |
$2,016 |
11 |
$2,076 |
12 |
$2,139 |
13 |
$2,203 |
14 |
$2,269 |
15 |
$2,337 |
16 |
$2,407 |
17 |
$2,479 |
18 |
$2,554 |
19 |
$2,630 |
20 |
$2,709 |
21 |
$2,790 |
22 |
$2,874 |
23 |
$2,960 |
24 |
$3,049 |
25 |
$3,141 |
26 |
$3,235 |
27 |
$3,332 |
28 |
$3,432 |
29 |
$3,535 |
30 |
$3,641 |
$1,500 for 30 Years by Interest Rate
Rate |
Amount |
1% |
$2,022 |
2% |
$2,717 |
3% |
$3,641 |
4% |
$4,865 |
5% |
$6,483 |
6% |
$8,615 |
8% |
$15,094 |
10% |
$26,174 |
12% |
$44,940 |
15% |
$99,318 |
20% |
$356,064 |