$42,000 at 4% Interest for 3 Years

How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 3 years at 4% interest, your initial investment of $42,000 will have grown to $47,244.
You will have earned $5,244 in interest.
How much will savings of $42,000 be worth in 3 years if invested at a 4.00% interest rate?
This calculator determines the future value of $42k invested for 3 years at a constant yield of 4.00% 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 4% Interest
Year Amount
0 $42,000
1 $43,680
2 $45,427
3 $47,244
$42,000 for 3 Years by Interest Rate
Rate Amount
1% $43,273
2% $44,571
3% $45,895
4% $47,244
5% $48,620
6% $50,023
8% $52,908
10% $55,902
12% $59,007
15% $63,877
20% $72,576