$6,000 at 20% 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 20% interest, your initial investment of $6,000 will have grown to $10,368.
You will have earned $4,368 in interest.
How much will savings of $6,000 be worth in 3 years if invested at a 20.00% interest rate?
This calculator determines the future value of $6k invested for 3 years at a constant yield of 20.00% 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 $6,000 at 20% Interest
| Year | Amount |
|---|---|
| 0 | $6,000 |
| 1 | $7,200 |
| 2 | $8,640 |
| 3 | $10,368 |
$6,000 for 3 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $6,182 |
| 2% | $6,367 |
| 3% | $6,556 |
| 4% | $6,749 |
| 5% | $6,946 |
| 6% | $7,146 |
| 8% | $7,558 |
| 10% | $7,986 |
| 12% | $8,430 |
| 15% | $9,125 |
| 20% | $10,368 |