$2 at 3% Interest for 20 Years
How much money will your investment be worth if you let the interest grow?
After investing for 20 years at 3% interest, your initial investment of $2 will have grown to $3.61.
You will have earned $1.61 in interest.
How much will savings of $2 be worth in 20 years if invested at a 3.00% interest rate?
This calculator determines the future value of $2 invested for 20 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?"
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 |
16 |
$3.21 |
17 |
$3.31 |
18 |
$3.40 |
19 |
$3.51 |
20 |
$3.61 |
$2 for 20 Years by Interest Rate
Rate |
Amount |
1% |
$2.44 |
2% |
$2.97 |
3% |
$3.61 |
4% |
$4.38 |
5% |
$5.31 |
6% |
$6.41 |
8% |
$9.32 |
10% |
$13.45 |
12% |
$19.29 |
15% |
$32.73 |
20% |
$76.68 |