$10,000 at 7% Interest for 5 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 5 years at 7% interest, your initial investment of $10,000 will have grown to $14,026.
You will have earned $4,026 in interest.
How much will savings of $10,000 be worth in 5 years if invested at a 7.00% interest rate?
This calculator determines the future value of $10k invested for 5 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?"
According to Snopes, the answer is probably not.
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 |
$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 |