$20 at 3% Interest for 30 Years
How much money will your investment be worth if you let the interest grow?
After investing for 30 years at 3% interest, your initial investment of $20 will have grown to $48.55.
You will have earned $28.55 in interest.
How much will savings of $20 be worth in 30 years if invested at a 3.00% interest rate?
This calculator determines the future value of $20 invested for 30 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 |
21 |
$37.21 |
22 |
$38.32 |
23 |
$39.47 |
24 |
$40.66 |
25 |
$41.88 |
26 |
$43.13 |
27 |
$44.43 |
28 |
$45.76 |
29 |
$47.13 |
30 |
$48.55 |
$20 for 30 Years by Interest Rate
Rate |
Amount |
1% |
$26.96 |
2% |
$36.23 |
3% |
$48.55 |
4% |
$64.87 |
5% |
$86.44 |
6% |
$114.87 |
8% |
$201.25 |
10% |
$348.99 |
12% |
$599.20 |
15% |
$1,324 |
20% |
$4,748 |