$30 at 3% 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 3% interest, your initial investment of $30 will have grown to $54.18.
You will have earned $24.18 in interest.
How much will savings of $30 be worth in 20 years if invested at a 3.00% interest rate?
This calculator determines the future value of $30 invested for 20 years at a constant yield of 3.00% 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 3% Interest
| Year | Amount |
|---|---|
| 0 | $30.00 |
| 1 | $30.90 |
| 2 | $31.83 |
| 3 | $32.78 |
| 4 | $33.77 |
| 5 | $34.78 |
| 6 | $35.82 |
| 7 | $36.90 |
| 8 | $38.00 |
| 9 | $39.14 |
| 10 | $40.32 |
| 11 | $41.53 |
| 12 | $42.77 |
| 13 | $44.06 |
| 14 | $45.38 |
| 15 | $46.74 |
| 16 | $48.14 |
| 17 | $49.59 |
| 18 | $51.07 |
| 19 | $52.61 |
| 20 | $54.18 |
$30 for 20 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $36.61 |
| 2% | $44.58 |
| 3% | $54.18 |
| 4% | $65.73 |
| 5% | $79.60 |
| 6% | $96.21 |
| 8% | $139.83 |
| 10% | $201.82 |
| 12% | $289.39 |
| 15% | $491.00 |
| 20% | $1,150 |