$900 at 3% Interest for 20 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 20 years at 3% interest, your initial investment of $900 will have grown to $1,626.
You will have earned $726 in interest.
How much will savings of $900 be worth in 20 years if invested at a 3.00% interest rate?
This calculator determines the future value of $900 invested for 20 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 $900 at 3% Interest
| Year | Amount |
|---|---|
| 0 | $900.00 |
| 1 | $927.00 |
| 2 | $954.81 |
| 3 | $983.45 |
| 4 | $1,013 |
| 5 | $1,043 |
| 6 | $1,075 |
| 7 | $1,107 |
| 8 | $1,140 |
| 9 | $1,174 |
| 10 | $1,210 |
| 11 | $1,246 |
| 12 | $1,283 |
| 13 | $1,322 |
| 14 | $1,361 |
| 15 | $1,402 |
| 16 | $1,444 |
| 17 | $1,488 |
| 18 | $1,532 |
| 19 | $1,578 |
| 20 | $1,626 |
$900 for 20 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $1,098 |
| 2% | $1,337 |
| 3% | $1,626 |
| 4% | $1,972 |
| 5% | $2,388 |
| 6% | $2,886 |
| 8% | $4,195 |
| 10% | $6,055 |
| 12% | $8,682 |
| 15% | $14,730 |
| 20% | $34,504 |