$15,000 at 3% Interest for 40 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 40 years at 3% interest, your initial investment of $15,000 will have grown to $48,931.
You will have earned $33,931 in interest.
How much will savings of $15,000 be worth in 40 years if invested at a 3.00% interest rate?
This calculator determines the future value of $15k invested for 40 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 $15,000 at 3% Interest
| Year | Amount |
|---|---|
| 0 | $15,000 |
| 1 | $15,450 |
| 2 | $15,914 |
| 3 | $16,391 |
| 4 | $16,883 |
| 5 | $17,389 |
| 6 | $17,911 |
| 7 | $18,448 |
| 8 | $19,002 |
| 9 | $19,572 |
| 10 | $20,159 |
| 11 | $20,764 |
| 12 | $21,386 |
| 13 | $22,028 |
| 14 | $22,689 |
| 15 | $23,370 |
| 16 | $24,071 |
| 17 | $24,793 |
| 18 | $25,536 |
| 19 | $26,303 |
| 20 | $27,092 |
| 21 | $27,904 |
| 22 | $28,742 |
| 23 | $29,604 |
| 24 | $30,492 |
| 25 | $31,407 |
| 26 | $32,349 |
| 27 | $33,319 |
| 28 | $34,319 |
| 29 | $35,348 |
| 30 | $36,409 |
| 31 | $37,501 |
| 32 | $38,626 |
| 33 | $39,785 |
| 34 | $40,979 |
| 35 | $42,208 |
| 36 | $43,474 |
| 37 | $44,778 |
| 38 | $46,122 |
| 39 | $47,505 |
| 40 | $48,931 |
$15,000 for 40 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $22,333 |
| 2% | $33,121 |
| 3% | $48,931 |
| 4% | $72,015 |
| 5% | $105,600 |
| 6% | $154,286 |
| 8% | $325,868 |
| 10% | $678,889 |
| 12% | $1,395,765 |
| 15% | $4,017,953 |
| 20% | $22,046,574 |