$6 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 $6 will have grown to $8.55.
You will have earned $2.55 in interest.
How much will savings of $6 be worth in 12 years if invested at a 3.00% interest rate?
This calculator determines the future value of $6 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 $6 at 3% Interest
| Year | Amount |
|---|---|
| 0 | $6.00 |
| 1 | $6.18 |
| 2 | $6.37 |
| 3 | $6.56 |
| 4 | $6.75 |
| 5 | $6.96 |
| 6 | $7.16 |
| 7 | $7.38 |
| 8 | $7.60 |
| 9 | $7.83 |
| 10 | $8.06 |
| 11 | $8.31 |
| 12 | $8.55 |
$6 for 12 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $6.76 |
| 2% | $7.61 |
| 3% | $8.55 |
| 4% | $9.61 |
| 5% | $10.78 |
| 6% | $12.07 |
| 8% | $15.11 |
| 10% | $18.83 |
| 12% | $23.38 |
| 15% | $32.10 |
| 20% | $53.50 |