$3,000 at 1% Interest for 30 Years
How much money will your investment be worth if you let the interest grow?
After investing for 30 years at 1% interest, your initial investment of $3,000 will have grown to $4,044.
You will have earned $1,044 in interest.
How much will savings of $3,000 be worth in 30 years if invested at a 1.00% interest rate?
This calculator determines the future value of $3k invested for 30 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 |
4 |
$3,122 |
5 |
$3,153 |
6 |
$3,185 |
7 |
$3,216 |
8 |
$3,249 |
9 |
$3,281 |
10 |
$3,314 |
11 |
$3,347 |
12 |
$3,380 |
13 |
$3,414 |
14 |
$3,448 |
15 |
$3,483 |
16 |
$3,518 |
17 |
$3,553 |
18 |
$3,588 |
19 |
$3,624 |
20 |
$3,661 |
21 |
$3,697 |
22 |
$3,734 |
23 |
$3,771 |
24 |
$3,809 |
25 |
$3,847 |
26 |
$3,886 |
27 |
$3,925 |
28 |
$3,964 |
29 |
$4,004 |
30 |
$4,044 |
$3,000 for 30 Years by Interest Rate
Rate |
Amount |
1% |
$4,044 |
2% |
$5,434 |
3% |
$7,282 |
4% |
$9,730 |
5% |
$12,966 |
6% |
$17,230 |
8% |
$30,188 |
10% |
$52,348 |
12% |
$89,880 |
15% |
$198,635 |
20% |
$712,129 |