$3 at 12% Interest for 15 Years
How much money will your investment be worth if you let the interest grow?
After investing for 15 years at 12% interest, your initial investment of $3 will have grown to $16.42.
You will have earned $13.42 in interest.
How much will savings of $3 be worth in 15 years if invested at a 12.00% interest rate?
This calculator determines the future value of $3 invested for 15 years at a constant yield of 12.00% 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 $3 at 12% Interest
Year |
Amount |
0 |
$3.00 |
1 |
$3.36 |
2 |
$3.76 |
3 |
$4.21 |
4 |
$4.72 |
5 |
$5.29 |
6 |
$5.92 |
7 |
$6.63 |
8 |
$7.43 |
9 |
$8.32 |
10 |
$9.32 |
11 |
$10.44 |
12 |
$11.69 |
13 |
$13.09 |
14 |
$14.66 |
15 |
$16.42 |
$3 for 15 Years by Interest Rate
Rate |
Amount |
1% |
$3.48 |
2% |
$4.04 |
3% |
$4.67 |
4% |
$5.40 |
5% |
$6.24 |
6% |
$7.19 |
8% |
$9.52 |
10% |
$12.53 |
12% |
$16.42 |
15% |
$24.41 |
20% |
$46.22 |