$6,000 at 6% Interest for 3 Years
How much money will your investment be worth if you let the interest grow?
After investing for 3 years at 6% interest, your initial investment of $6,000 will have grown to $7,146.
You will have earned $1,146 in interest.
How much will savings of $6,000 be worth in 3 years if invested at a 6.00% interest rate?
This calculator determines the future value of $6k invested for 3 years at a constant yield of 6.00% 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 $6,000 at 6% Interest
Year |
Amount |
0 |
$6,000 |
1 |
$6,360 |
2 |
$6,742 |
3 |
$7,146 |
$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 |