How much money will $100,000 be worth if you let the interest grow?

After investing for 10 years at 5% interest, your $100,000 investment will have grown to $162,889

Did Albert Einstein really say "Compound interest is the most powerful force in the universe?"

According to Snopes, the answer is probably not.

Growth of $100,000 at 5% Interest

Year | Amount |
---|---|

0 | $100,000 |

1 | $105,000 |

2 | $110,250 |

3 | $115,763 |

4 | $121,551 |

5 | $127,628 |

6 | $134,010 |

7 | $140,710 |

8 | $147,746 |

9 | $155,133 |

10 | $162,889 |

$100,000 for 10 Years by Interest Rate

Rate | Amount |
---|---|

1% | $110,462 |

2% | $121,899 |

3% | $134,392 |

4% | $148,024 |

5% | $162,889 |

6% | $179,085 |

8% | $215,892 |

10% | $259,374 |

12% | $310,585 |

15% | $404,556 |

20% | $619,174 |