$300 at 12% Interest for 3 Years
How much money will your investment be worth if you let the interest grow?
After investing for 3 years at 12% interest, your initial investment of $300 will have grown to $421.48.
You will have earned $121.48 in interest.
How much will savings of $300 be worth in 3 years if invested at a 12.00% interest rate?
This calculator determines the future value of $300 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?"
Nevertheless, investing money consistently over a long period of time has made many people very rich.
Growth of $300 at 12% Interest
Year |
Amount |
0 |
$300.00 |
1 |
$336.00 |
2 |
$376.32 |
3 |
$421.48 |
$300 for 3 Years by Interest Rate
Rate |
Amount |
1% |
$309.09 |
2% |
$318.36 |
3% |
$327.82 |
4% |
$337.46 |
5% |
$347.29 |
6% |
$357.30 |
8% |
$377.91 |
10% |
$399.30 |
12% |
$421.48 |
15% |
$456.26 |
20% |
$518.40 |