$20 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 $20 will have grown to $36.12.
You will have earned $16.12 in interest.
How much will savings of $20 be worth in 20 years if invested at a 3.00% interest rate?
This calculator determines the future value of $20 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 $20 at 3% Interest
Year |
Amount |
0 |
$20.00 |
1 |
$20.60 |
2 |
$21.22 |
3 |
$21.85 |
4 |
$22.51 |
5 |
$23.19 |
6 |
$23.88 |
7 |
$24.60 |
8 |
$25.34 |
9 |
$26.10 |
10 |
$26.88 |
11 |
$27.68 |
12 |
$28.52 |
13 |
$29.37 |
14 |
$30.25 |
15 |
$31.16 |
16 |
$32.09 |
17 |
$33.06 |
18 |
$34.05 |
19 |
$35.07 |
20 |
$36.12 |
$20 for 20 Years by Interest Rate
Rate |
Amount |
1% |
$24.40 |
2% |
$29.72 |
3% |
$36.12 |
4% |
$43.82 |
5% |
$53.07 |
6% |
$64.14 |
8% |
$93.22 |
10% |
$134.55 |
12% |
$192.93 |
15% |
$327.33 |
20% |
$766.75 |