$3 at 4.5% Interest for 20 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 20 years at 4.5% interest, your initial investment of $3 will have grown to $7.24.
You will have earned $4.24 in interest.
How much will savings of $3 be worth in 20 years if invested at a 4.50% interest rate?
This calculator determines the future value of $3 invested for 20 years at a constant yield of 4.50% 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 4.5% Interest
| Year | Amount |
|---|---|
| 0 | $3.00 |
| 1 | $3.14 |
| 2 | $3.28 |
| 3 | $3.42 |
| 4 | $3.58 |
| 5 | $3.74 |
| 6 | $3.91 |
| 7 | $4.08 |
| 8 | $4.27 |
| 9 | $4.46 |
| 10 | $4.66 |
| 11 | $4.87 |
| 12 | $5.09 |
| 13 | $5.32 |
| 14 | $5.56 |
| 15 | $5.81 |
| 16 | $6.07 |
| 17 | $6.34 |
| 18 | $6.63 |
| 19 | $6.92 |
| 20 | $7.24 |
$3 for 20 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $3.66 |
| 2% | $4.46 |
| 3% | $5.42 |
| 4% | $6.57 |
| 5% | $7.96 |
| 6% | $9.62 |
| 8% | $13.98 |
| 10% | $20.18 |
| 12% | $28.94 |
| 15% | $49.10 |
| 20% | $115.01 |