$1 at 4% Interest for 5 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 5 years at 4% interest, your initial investment of $1 will have grown to $1.22.
You will have earned $0.22 in interest.
How much will savings of $1 be worth in 5 years if invested at a 4.00% interest rate?
This calculator determines the future value of $1 invested for 5 years at a constant yield of 4.00% 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 $1 at 4% Interest
| Year | Amount |
|---|---|
| 0 | $1.00 |
| 1 | $1.04 |
| 2 | $1.08 |
| 3 | $1.12 |
| 4 | $1.17 |
| 5 | $1.22 |
$1 for 5 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $1.05 |
| 2% | $1.10 |
| 3% | $1.16 |
| 4% | $1.22 |
| 5% | $1.28 |
| 6% | $1.34 |
| 8% | $1.47 |
| 10% | $1.61 |
| 12% | $1.76 |
| 15% | $2.01 |
| 20% | $2.49 |