$24,000 at 20% 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 20% interest, your initial investment of $24,000 will have grown to $41,472.
You will have earned $17,472 in interest.
How much will savings of $24,000 be worth in 3 years if invested at a 20.00% interest rate?
This calculator determines the future value of $24k invested for 3 years at a constant yield of 20.00% 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 $24,000 at 20% Interest
Year Amount
0 $24,000
1 $28,800
2 $34,560
3 $41,472
$24,000 for 3 Years by Interest Rate
Rate Amount
1% $24,727
2% $25,469
3% $26,225
4% $26,997
5% $27,783
6% $28,584
8% $30,233
10% $31,944
12% $33,718
15% $36,501
20% $41,472