$5 at 3% Interest for 20 Years
How much money will your investment be worth if you let the interest grow?
After investing for 20 years at 3% interest, your initial investment of $5 will have grown to $9.03.
You will have earned $4.03 in interest.
How much will savings of $5 be worth in 20 years if invested at a 3.00% interest rate?
This calculator determines the future value of $5 invested for 20 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?"
Nevertheless, investing money consistently over a long period of time has made many people very rich.
Growth of $5 at 3% Interest
Year |
Amount |
0 |
$5.00 |
1 |
$5.15 |
2 |
$5.30 |
3 |
$5.46 |
4 |
$5.63 |
5 |
$5.80 |
6 |
$5.97 |
7 |
$6.15 |
8 |
$6.33 |
9 |
$6.52 |
10 |
$6.72 |
11 |
$6.92 |
12 |
$7.13 |
13 |
$7.34 |
14 |
$7.56 |
15 |
$7.79 |
16 |
$8.02 |
17 |
$8.26 |
18 |
$8.51 |
19 |
$8.77 |
20 |
$9.03 |
$5 for 20 Years by Interest Rate
Rate |
Amount |
1% |
$6.10 |
2% |
$7.43 |
3% |
$9.03 |
4% |
$10.96 |
5% |
$13.27 |
6% |
$16.04 |
8% |
$23.30 |
10% |
$33.64 |
12% |
$48.23 |
15% |
$81.83 |
20% |
$191.69 |