$2 at 3% Interest for 15 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 15 years at 3% interest, your initial investment of $2 will have grown to $3.12.
You will have earned $1.12 in interest.
How much will savings of $2 be worth in 15 years if invested at a 3.00% interest rate?
This calculator determines the future value of $2 invested for 15 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 $2 at 3% Interest
| Year | Amount |
|---|---|
| 0 | $2.00 |
| 1 | $2.06 |
| 2 | $2.12 |
| 3 | $2.19 |
| 4 | $2.25 |
| 5 | $2.32 |
| 6 | $2.39 |
| 7 | $2.46 |
| 8 | $2.53 |
| 9 | $2.61 |
| 10 | $2.69 |
| 11 | $2.77 |
| 12 | $2.85 |
| 13 | $2.94 |
| 14 | $3.03 |
| 15 | $3.12 |
$2 for 15 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $2.32 |
| 2% | $2.69 |
| 3% | $3.12 |
| 4% | $3.60 |
| 5% | $4.16 |
| 6% | $4.79 |
| 8% | $6.34 |
| 10% | $8.35 |
| 12% | $10.95 |
| 15% | $16.27 |
| 20% | $30.81 |