$10,000 at 7% Interest for 20 Years
How much money will your investment be worth if you let the interest grow?
After investing for 20 years at 7% interest, your initial investment of $10,000 will have grown to $38,697.
You will have earned $28,697 in interest.
How much will savings of $10,000 be worth in 20 years if invested at a 7.00% interest rate?
This calculator determines the future value of $10k invested for 20 years at a constant yield of 7.00% 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 7% Interest
Year |
Amount |
0 |
$10,000 |
1 |
$10,700 |
2 |
$11,449 |
3 |
$12,250 |
4 |
$13,108 |
5 |
$14,026 |
6 |
$15,007 |
7 |
$16,058 |
8 |
$17,182 |
9 |
$18,385 |
10 |
$19,672 |
11 |
$21,049 |
12 |
$22,522 |
13 |
$24,098 |
14 |
$25,785 |
15 |
$27,590 |
16 |
$29,522 |
17 |
$31,588 |
18 |
$33,799 |
19 |
$36,165 |
20 |
$38,697 |
$10,000 for 20 Years by Interest Rate
Rate |
Amount |
1% |
$12,202 |
2% |
$14,859 |
3% |
$18,061 |
4% |
$21,911 |
5% |
$26,533 |
6% |
$32,071 |
8% |
$46,610 |
10% |
$67,275 |
12% |
$96,463 |
15% |
$163,665 |
20% |
$383,376 |