$3,000 at 12% Interest for 20 Years
How much money will your investment be worth if you let the interest grow?
After investing for 20 years at 12% interest, your initial investment of $3,000 will have grown to $28,939.
You will have earned $25,939 in interest.
How much will savings of $3,000 be worth in 20 years if invested at a 12.00% interest rate?
This calculator determines the future value of $3k invested for 20 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 $3,000 at 12% Interest
Year |
Amount |
0 |
$3,000 |
1 |
$3,360 |
2 |
$3,763 |
3 |
$4,215 |
4 |
$4,721 |
5 |
$5,287 |
6 |
$5,921 |
7 |
$6,632 |
8 |
$7,428 |
9 |
$8,319 |
10 |
$9,318 |
11 |
$10,436 |
12 |
$11,688 |
13 |
$13,090 |
14 |
$14,661 |
15 |
$16,421 |
16 |
$18,391 |
17 |
$20,598 |
18 |
$23,070 |
19 |
$25,838 |
20 |
$28,939 |
$3,000 for 20 Years by Interest Rate
Rate |
Amount |
1% |
$3,661 |
2% |
$4,458 |
3% |
$5,418 |
4% |
$6,573 |
5% |
$7,960 |
6% |
$9,621 |
8% |
$13,983 |
10% |
$20,182 |
12% |
$28,939 |
15% |
$49,100 |
20% |
$115,013 |