$42,000 at 3% Interest for 12 Years

How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 12 years at 3% interest, your initial investment of $42,000 will have grown to $59,882.
You will have earned $17,882 in interest.
How much will savings of $42,000 be worth in 12 years if invested at a 3.00% interest rate?
This calculator determines the future value of $42k invested for 12 years at a constant yield of 3.00% 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 $42,000 at 3% Interest
Year Amount
0 $42,000
1 $43,260
2 $44,558
3 $45,895
4 $47,271
5 $48,690
6 $50,150
7 $51,655
8 $53,204
9 $54,800
10 $56,444
11 $58,138
12 $59,882
$42,000 for 12 Years by Interest Rate
Rate Amount
1% $47,327
2% $53,266
3% $59,882
4% $67,243
5% $75,426
6% $84,512
8% $105,763
10% $131,814
12% $163,631
15% $224,711
20% $374,476