$3 at 6% 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 6% interest, your initial investment of $3 will have grown to $9.62.
You will have earned $6.62 in interest.
How much will savings of $3 be worth in 20 years if invested at a 6.00% interest rate?
This calculator determines the future value of $3 invested for 20 years at a constant yield of 6.00% 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 6% Interest
| Year | Amount |
|---|---|
| 0 | $3.00 |
| 1 | $3.18 |
| 2 | $3.37 |
| 3 | $3.57 |
| 4 | $3.79 |
| 5 | $4.01 |
| 6 | $4.26 |
| 7 | $4.51 |
| 8 | $4.78 |
| 9 | $5.07 |
| 10 | $5.37 |
| 11 | $5.69 |
| 12 | $6.04 |
| 13 | $6.40 |
| 14 | $6.78 |
| 15 | $7.19 |
| 16 | $7.62 |
| 17 | $8.08 |
| 18 | $8.56 |
| 19 | $9.08 |
| 20 | $9.62 |
$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 |