$1,000 at 12% Interest for 30 Years
How much money will your investment be worth if you let the interest grow?
After investing for 30 years at 12% interest, your initial investment of $1,000 will have grown to $29,960.
You will have earned $28,960 in interest.
How much will savings of $1,000 be worth in 30 years if invested at a 12.00% interest rate?
This calculator determines the future value of $1k invested for 30 years at a constant yield of 12.00% compounded annually.
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 12% Interest
Year |
Amount |
0 |
$1,000 |
1 |
$1,120 |
2 |
$1,254 |
3 |
$1,405 |
4 |
$1,574 |
5 |
$1,762 |
6 |
$1,974 |
7 |
$2,211 |
8 |
$2,476 |
9 |
$2,773 |
10 |
$3,106 |
11 |
$3,479 |
12 |
$3,896 |
13 |
$4,363 |
14 |
$4,887 |
15 |
$5,474 |
16 |
$6,130 |
17 |
$6,866 |
18 |
$7,690 |
19 |
$8,613 |
20 |
$9,646 |
21 |
$10,804 |
22 |
$12,100 |
23 |
$13,552 |
24 |
$15,179 |
25 |
$17,000 |
26 |
$19,040 |
27 |
$21,325 |
28 |
$23,884 |
29 |
$26,750 |
30 |
$29,960 |
$1,000 for 30 Years by Interest Rate
Rate |
Amount |
1% |
$1,348 |
2% |
$1,811 |
3% |
$2,427 |
4% |
$3,243 |
5% |
$4,322 |
6% |
$5,743 |
8% |
$10,063 |
10% |
$17,449 |
12% |
$29,960 |
15% |
$66,212 |
20% |
$237,376 |