$500,000 at 1% Interest for 3 Years
How much money will your investment be worth if you let the interest grow?
After investing for 3 years at 1% interest, your initial investment of $500,000 will have grown to $515,151.
You will have earned $15,151 in interest.
How much will savings of $500,000 be worth in 3 years if invested at a 1.00% interest rate?
This calculator determines the future value of $500k 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?"
Nevertheless, investing money consistently over a long period of time has made many people very rich.
Growth of $500,000 at 1% Interest
Year |
Amount |
0 |
$500,000 |
1 |
$505,000 |
2 |
$510,050 |
3 |
$515,151 |
$500,000 for 3 Years by Interest Rate
Rate |
Amount |
1% |
$515,151 |
2% |
$530,604 |
3% |
$546,364 |
4% |
$562,432 |
5% |
$578,813 |
6% |
$595,508 |
8% |
$629,856 |
10% |
$665,500 |
12% |
$702,464 |
15% |
$760,438 |
20% |
$864,000 |