$15,000 at 7% Interest for 3 Years
How much money will your investment be worth if you let the interest grow?
After investing for 3 years at 7% interest, your initial investment of $15,000 will have grown to $18,376.
You will have earned $3,376 in interest.
How much will savings of $15,000 be worth in 3 years if invested at a 7.00% interest rate?
This calculator determines the future value of $15k invested for 3 years at a constant yield of 7.00% 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 $15,000 at 7% Interest
Year |
Amount |
0 |
$15,000 |
1 |
$16,050 |
2 |
$17,174 |
3 |
$18,376 |
$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 |