$3,000 at 1% Interest for 3 Years
How much money will your investment be worth if you let the interest grow?
After investing for 3 years at 1% interest, your initial investment of $3,000 will have grown to $3,091.
You will have earned $91 in interest.
How much will savings of $3,000 be worth in 3 years if invested at a 1.00% interest rate?
This calculator determines the future value of $3k invested for 3 years at a constant yield of 1.00% 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 $3,000 at 1% Interest
Year |
Amount |
0 |
$3,000 |
1 |
$3,030 |
2 |
$3,060 |
3 |
$3,091 |
$3,000 for 3 Years by Interest Rate
Rate |
Amount |
1% |
$3,091 |
2% |
$3,184 |
3% |
$3,278 |
4% |
$3,375 |
5% |
$3,473 |
6% |
$3,573 |
8% |
$3,779 |
10% |
$3,993 |
12% |
$4,215 |
15% |
$4,563 |
20% |
$5,184 |