$3,000 at 6% 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 6% interest, your initial investment of $3,000 will have grown to $30,857.
You will have earned $27,857 in interest.
How much will savings of $3,000 be worth in 40 years if invested at a 6.00% interest rate?
This calculator determines the future value of $3k invested for 40 years at a constant yield of 6.00% 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 6% Interest
| Year | Amount |
|---|---|
| 0 | $3,000 |
| 1 | $3,180 |
| 2 | $3,371 |
| 3 | $3,573 |
| 4 | $3,787 |
| 5 | $4,015 |
| 6 | $4,256 |
| 7 | $4,511 |
| 8 | $4,782 |
| 9 | $5,068 |
| 10 | $5,373 |
| 11 | $5,695 |
| 12 | $6,037 |
| 13 | $6,399 |
| 14 | $6,783 |
| 15 | $7,190 |
| 16 | $7,621 |
| 17 | $8,078 |
| 18 | $8,563 |
| 19 | $9,077 |
| 20 | $9,621 |
| 21 | $10,199 |
| 22 | $10,811 |
| 23 | $11,459 |
| 24 | $12,147 |
| 25 | $12,876 |
| 26 | $13,648 |
| 27 | $14,467 |
| 28 | $15,335 |
| 29 | $16,255 |
| 30 | $17,230 |
| 31 | $18,264 |
| 32 | $19,360 |
| 33 | $20,522 |
| 34 | $21,753 |
| 35 | $23,058 |
| 36 | $24,442 |
| 37 | $25,908 |
| 38 | $27,463 |
| 39 | $29,111 |
| 40 | $30,857 |
$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 |