$2 at 12% Interest for 3 Years
How much money will your investment be worth if you let the interest grow?
After investing for 3 years at 12% interest, your initial investment of $2 will have grown to $2.81.
You will have earned $0.81 in interest.
How much will savings of $2 be worth in 3 years if invested at a 12.00% interest rate?
This calculator determines the future value of $2 invested for 3 years at a constant yield of 12.00% 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 $2 at 12% Interest
Year |
Amount |
0 |
$2.00 |
1 |
$2.24 |
2 |
$2.51 |
3 |
$2.81 |
$2 for 3 Years by Interest Rate
Rate |
Amount |
1% |
$2.06 |
2% |
$2.12 |
3% |
$2.19 |
4% |
$2.25 |
5% |
$2.32 |
6% |
$2.38 |
8% |
$2.52 |
10% |
$2.66 |
12% |
$2.81 |
15% |
$3.04 |
20% |
$3.46 |