$3 at 2% Interest for 40 Years

How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 40 years at 2% interest, your initial investment of $3 will have grown to $6.62.
You will have earned $3.62 in interest.
How much will savings of $3 be worth in 40 years if invested at a 2.00% interest rate?
This calculator determines the future value of $3 invested for 40 years at a constant yield of 2.00% 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 $3 at 2% Interest
Year Amount
0 $3.00
1 $3.06
2 $3.12
3 $3.18
4 $3.25
5 $3.31
6 $3.38
7 $3.45
8 $3.51
9 $3.59
10 $3.66
11 $3.73
12 $3.80
13 $3.88
14 $3.96
15 $4.04
16 $4.12
17 $4.20
18 $4.28
19 $4.37
20 $4.46
21 $4.55
22 $4.64
23 $4.73
24 $4.83
25 $4.92
26 $5.02
27 $5.12
28 $5.22
29 $5.33
30 $5.43
31 $5.54
32 $5.65
33 $5.77
34 $5.88
35 $6.00
36 $6.12
37 $6.24
38 $6.37
39 $6.49
40 $6.62
$3 for 40 Years by Interest Rate
Rate Amount
1% $4.47
2% $6.62
3% $9.79
4% $14.40
5% $21.12
6% $30.86
8% $65.17
10% $135.78
12% $279.15
15% $803.59
20% $4,409