$46,000 at 1% 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 1% interest, your initial investment of $46,000 will have grown to $47,394.
You will have earned $1,394 in interest.
How much will savings of $46,000 be worth in 3 years if invested at a 1.00% interest rate?
This calculator determines the future value of $46k invested for 3 years at a constant yield of 1.00% 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 $46,000 at 1% Interest
| Year | Amount |
|---|---|
| 0 | $46,000 |
| 1 | $46,460 |
| 2 | $46,925 |
| 3 | $47,394 |
$46,000 for 3 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $47,394 |
| 2% | $48,816 |
| 3% | $50,265 |
| 4% | $51,744 |
| 5% | $53,251 |
| 6% | $54,787 |
| 8% | $57,947 |
| 10% | $61,226 |
| 12% | $64,627 |
| 15% | $69,960 |
| 20% | $79,488 |