$9,000 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 $9,000 will have grown to $16,255.
You will have earned $7,255 in interest.
How much will savings of $9,000 be worth in 20 years if invested at a 3.00% interest rate?
This calculator determines the future value of $9k 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 $9,000 at 3% Interest
| Year | Amount |
|---|---|
| 0 | $9,000 |
| 1 | $9,270 |
| 2 | $9,548 |
| 3 | $9,835 |
| 4 | $10,130 |
| 5 | $10,433 |
| 6 | $10,746 |
| 7 | $11,069 |
| 8 | $11,401 |
| 9 | $11,743 |
| 10 | $12,095 |
| 11 | $12,458 |
| 12 | $12,832 |
| 13 | $13,217 |
| 14 | $13,613 |
| 15 | $14,022 |
| 16 | $14,442 |
| 17 | $14,876 |
| 18 | $15,322 |
| 19 | $15,782 |
| 20 | $16,255 |
$9,000 for 20 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $10,982 |
| 2% | $13,374 |
| 3% | $16,255 |
| 4% | $19,720 |
| 5% | $23,880 |
| 6% | $28,864 |
| 8% | $41,949 |
| 10% | $60,547 |
| 12% | $86,817 |
| 15% | $147,299 |
| 20% | $345,038 |