$700 at 10% 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 10% interest, your initial investment of $700 will have grown to $931.70.
You will have earned $231.70 in interest.
How much will savings of $700 be worth in 3 years if invested at a 10.00% interest rate?
This calculator determines the future value of $700 invested for 3 years at a constant yield of 10.00% 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 $700 at 10% Interest
| Year | Amount |
|---|---|
| 0 | $700.00 |
| 1 | $770.00 |
| 2 | $847.00 |
| 3 | $931.70 |
$700 for 3 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $721.21 |
| 2% | $742.85 |
| 3% | $764.91 |
| 4% | $787.40 |
| 5% | $810.34 |
| 6% | $833.71 |
| 8% | $881.80 |
| 10% | $931.70 |
| 12% | $983.45 |
| 15% | $1,065 |
| 20% | $1,210 |