$3 at 8% Interest for 30 Years

How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 30 years at 8% interest, your initial investment of $3 will have grown to $30.19.
You will have earned $27.19 in interest.
How much will savings of $3 be worth in 30 years if invested at a 8.00% interest rate?
This calculator determines the future value of $3 invested for 30 years at a constant yield of 8.00% 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 8% Interest
Year Amount
0 $3.00
1 $3.24
2 $3.50
3 $3.78
4 $4.08
5 $4.41
6 $4.76
7 $5.14
8 $5.55
9 $6.00
10 $6.48
11 $6.99
12 $7.55
13 $8.16
14 $8.81
15 $9.52
16 $10.28
17 $11.10
18 $11.99
19 $12.95
20 $13.98
21 $15.10
22 $16.31
23 $17.61
24 $19.02
25 $20.55
26 $22.19
27 $23.96
28 $25.88
29 $27.95
30 $30.19
$3 for 30 Years by Interest Rate
Rate Amount
1% $4.04
2% $5.43
3% $7.28
4% $9.73
5% $12.97
6% $17.23
8% $30.19
10% $52.35
12% $89.88
15% $198.64
20% $712.13