$3,000 at 7% interest for 30 years

How much money will your investment be worth if you let the interest grow?
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%
After investing for 30 years at 7% interest, your $3,000 investment will have grown to $22,837

How much will savings of $3,000 be worth in 30 years if invested at a 7.00% interest rate?

This calculator determines the future value of $3,000 invested for 30 years at a constant yield of 7.00% 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.
Growth of $3,000 at 7% Interest
Year Amount
0 $3,000
1 $3,210
2 $3,435
3 $3,675
4 $3,932
5 $4,208
6 $4,502
7 $4,817
8 $5,155
9 $5,515
10 $5,901
11 $6,315
12 $6,757
13 $7,230
14 $7,736
15 $8,277
16 $8,856
17 $9,476
18 $10,140
19 $10,850
20 $11,609
21 $12,422
22 $13,291
23 $14,222
24 $15,217
25 $16,282
26 $17,422
27 $18,642
28 $19,947
29 $21,343
30 $22,837
$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
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