$3 at 8% 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 8% interest, your initial investment of $3 will have grown to $65.17.
You will have earned $62.17 in interest.
How much will savings of $3 be worth in 40 years if invested at a 8.00% interest rate?
This calculator determines the future value of $3 invested for 40 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 |
| 31 | $32.60 |
| 32 | $35.21 |
| 33 | $38.03 |
| 34 | $41.07 |
| 35 | $44.36 |
| 36 | $47.90 |
| 37 | $51.74 |
| 38 | $55.88 |
| 39 | $60.35 |
| 40 | $65.17 |
$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 |