$1,000 at 2% Interest for 30 Years
How much money will your investment be worth if you let the interest grow?
After investing for 30 years at 2% interest, your initial investment of $1,000 will have grown to $1,811.
You will have earned $811 in interest.
How much will savings of $1,000 be worth in 30 years if invested at a 2.00% interest rate?
This calculator determines the future value of $1k invested for 30 years at a constant yield of 2.00% 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 2% Interest
Year |
Amount |
0 |
$1,000 |
1 |
$1,020 |
2 |
$1,040 |
3 |
$1,061 |
4 |
$1,082 |
5 |
$1,104 |
6 |
$1,126 |
7 |
$1,149 |
8 |
$1,172 |
9 |
$1,195 |
10 |
$1,219 |
11 |
$1,243 |
12 |
$1,268 |
13 |
$1,294 |
14 |
$1,319 |
15 |
$1,346 |
16 |
$1,373 |
17 |
$1,400 |
18 |
$1,428 |
19 |
$1,457 |
20 |
$1,486 |
21 |
$1,516 |
22 |
$1,546 |
23 |
$1,577 |
24 |
$1,608 |
25 |
$1,641 |
26 |
$1,673 |
27 |
$1,707 |
28 |
$1,741 |
29 |
$1,776 |
30 |
$1,811 |
$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 |