$1,000 Compound Interest Calculator
How much money will $1,000 be worth if you let the interest grow?
After investing for 10 years at 5% interest, your initial investment of $1,000 will have grown to $1,629.
You will have earned $629 in interest.
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 $1,000 at 5% Interest
Year |
Amount |
0 |
$1,000 |
1 |
$1,050 |
2 |
$1,103 |
3 |
$1,158 |
4 |
$1,216 |
5 |
$1,276 |
6 |
$1,340 |
7 |
$1,407 |
8 |
$1,477 |
9 |
$1,551 |
10 |
$1,629 |
$1,000 for 10 Years by Interest Rate
Rate |
Amount |
1% |
$1,105 |
2% |
$1,219 |
3% |
$1,344 |
4% |
$1,480 |
5% |
$1,629 |
6% |
$1,791 |
8% |
$2,159 |
10% |
$2,594 |
12% |
$3,106 |
15% |
$4,046 |
20% |
$6,192 |
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