$30 at 12% 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 12% interest, your initial investment of $30 will have grown to $42.15.
You will have earned $12.15 in interest.
How much will savings of $30 be worth in 3 years if invested at a 12.00% interest rate?
This calculator determines the future value of $30 invested for 3 years at a constant yield of 12.00% 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 $30 at 12% Interest
| Year | Amount |
|---|---|
| 0 | $30.00 |
| 1 | $33.60 |
| 2 | $37.63 |
| 3 | $42.15 |
$30 for 3 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $30.91 |
| 2% | $31.84 |
| 3% | $32.78 |
| 4% | $33.75 |
| 5% | $34.73 |
| 6% | $35.73 |
| 8% | $37.79 |
| 10% | $39.93 |
| 12% | $42.15 |
| 15% | $45.63 |
| 20% | $51.84 |