$10,000 at 6% Interest for 5 Years
How much money will your investment be worth if you let the interest grow?
After investing for 5 years at 6% interest, your initial investment of $10,000 will have grown to $13,382.
You will have earned $3,382 in interest.
How much will savings of $10,000 be worth in 5 years if invested at a 6.00% interest rate?
This calculator determines the future value of $10k invested for 5 years at a constant yield of 6.00% 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 $10,000 at 6% Interest
Year |
Amount |
0 |
$10,000 |
1 |
$10,600 |
2 |
$11,236 |
3 |
$11,910 |
4 |
$12,625 |
5 |
$13,382 |
$10,000 for 5 Years by Interest Rate
Rate |
Amount |
1% |
$10,510 |
2% |
$11,041 |
3% |
$11,593 |
4% |
$12,167 |
5% |
$12,763 |
6% |
$13,382 |
8% |
$14,693 |
10% |
$16,105 |
12% |
$17,623 |
15% |
$20,114 |
20% |
$24,883 |