$3,000 at 5% Interest for 40 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 40 years at 5% interest, your initial investment of $3,000 will have grown to $21,120.
You will have earned $18,120 in interest.
How much will savings of $3,000 be worth in 40 years if invested at a 5.00% interest rate?
This calculator determines the future value of $3k invested for 40 years at a constant yield of 5.00% 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 5% Interest
| Year | Amount |
|---|---|
| 0 | $3,000 |
| 1 | $3,150 |
| 2 | $3,308 |
| 3 | $3,473 |
| 4 | $3,647 |
| 5 | $3,829 |
| 6 | $4,020 |
| 7 | $4,221 |
| 8 | $4,432 |
| 9 | $4,654 |
| 10 | $4,887 |
| 11 | $5,131 |
| 12 | $5,388 |
| 13 | $5,657 |
| 14 | $5,940 |
| 15 | $6,237 |
| 16 | $6,549 |
| 17 | $6,876 |
| 18 | $7,220 |
| 19 | $7,581 |
| 20 | $7,960 |
| 21 | $8,358 |
| 22 | $8,776 |
| 23 | $9,215 |
| 24 | $9,675 |
| 25 | $10,159 |
| 26 | $10,667 |
| 27 | $11,200 |
| 28 | $11,760 |
| 29 | $12,348 |
| 30 | $12,966 |
| 31 | $13,614 |
| 32 | $14,295 |
| 33 | $15,010 |
| 34 | $15,760 |
| 35 | $16,548 |
| 36 | $17,375 |
| 37 | $18,244 |
| 38 | $19,156 |
| 39 | $20,114 |
| 40 | $21,120 |
$3,000 for 40 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $4,467 |
| 2% | $6,624 |
| 3% | $9,786 |
| 4% | $14,403 |
| 5% | $21,120 |
| 6% | $30,857 |
| 8% | $65,174 |
| 10% | $135,778 |
| 12% | $279,153 |
| 15% | $803,591 |
| 20% | $4,409,315 |