$20,000 at 9% Interest for 3 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 3 years at 9% interest, your initial investment of $20,000 will have grown to $25,901.
You will have earned $5,901 in interest.
How much will savings of $20,000 be worth in 3 years if invested at a 9.00% interest rate?
This calculator determines the future value of $20k invested for 3 years at a constant yield of 9.00% 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 $20,000 at 9% Interest
| Year | Amount |
|---|---|
| 0 | $20,000 |
| 1 | $21,800 |
| 2 | $23,762 |
| 3 | $25,901 |
$20,000 for 3 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $20,606 |
| 2% | $21,224 |
| 3% | $21,855 |
| 4% | $22,497 |
| 5% | $23,153 |
| 6% | $23,820 |
| 8% | $25,194 |
| 10% | $26,620 |
| 12% | $28,099 |
| 15% | $30,418 |
| 20% | $34,560 |