$15,000 at 1% 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 1% interest, your initial investment of $15,000 will have grown to $15,455.
You will have earned $455 in interest.
How much will savings of $15,000 be worth in 3 years if invested at a 1.00% interest rate?
This calculator determines the future value of $15k invested for 3 years at a constant yield of 1.00% 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 $15,000 at 1% Interest
| Year | Amount |
|---|---|
| 0 | $15,000 |
| 1 | $15,150 |
| 2 | $15,302 |
| 3 | $15,455 |
$15,000 for 3 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $15,455 |
| 2% | $15,918 |
| 3% | $16,391 |
| 4% | $16,873 |
| 5% | $17,364 |
| 6% | $17,865 |
| 8% | $18,896 |
| 10% | $19,965 |
| 12% | $21,074 |
| 15% | $22,813 |
| 20% | $25,920 |