$3,000 at 2% Interest for 30 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 30 years at 2% interest, your initial investment of $3,000 will have grown to $5,434.
You will have earned $2,434 in interest.
How much will savings of $3,000 be worth in 30 years if invested at a 2.00% interest rate?
This calculator determines the future value of $3k invested for 30 years at a constant yield of 2.00% 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 $3,000 at 2% Interest
| Year | Amount |
|---|---|
| 0 | $3,000 |
| 1 | $3,060 |
| 2 | $3,121 |
| 3 | $3,184 |
| 4 | $3,247 |
| 5 | $3,312 |
| 6 | $3,378 |
| 7 | $3,446 |
| 8 | $3,515 |
| 9 | $3,585 |
| 10 | $3,657 |
| 11 | $3,730 |
| 12 | $3,805 |
| 13 | $3,881 |
| 14 | $3,958 |
| 15 | $4,038 |
| 16 | $4,118 |
| 17 | $4,201 |
| 18 | $4,285 |
| 19 | $4,370 |
| 20 | $4,458 |
| 21 | $4,547 |
| 22 | $4,638 |
| 23 | $4,731 |
| 24 | $4,825 |
| 25 | $4,922 |
| 26 | $5,020 |
| 27 | $5,121 |
| 28 | $5,223 |
| 29 | $5,328 |
| 30 | $5,434 |
$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 |