$3 at 3% 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 3% interest, your initial investment of $3 will have grown to $3.28.
You will have earned $0.28 in interest.
How much will savings of $3 be worth in 3 years if invested at a 3.00% interest rate?
This calculator determines the future value of $3 invested for 3 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?"
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 3% Interest
| Year | Amount |
|---|---|
| 0 | $3.00 |
| 1 | $3.09 |
| 2 | $3.18 |
| 3 | $3.28 |
$3 for 3 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $3.09 |
| 2% | $3.18 |
| 3% | $3.28 |
| 4% | $3.37 |
| 5% | $3.47 |
| 6% | $3.57 |
| 8% | $3.78 |
| 10% | $3.99 |
| 12% | $4.21 |
| 15% | $4.56 |
| 20% | $5.18 |