$1,000,000 Compound Interest Calculator
How much money will $1,000,000 be worth if you let the interest grow?
After investing for 10 years at 5% interest, your initial investment of $1,000,000 will have grown to $1,628,895.
You will have earned $628,895 in interest.
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 $1,000,000 at 5% Interest
Year |
Amount |
0 |
$1,000,000 |
1 |
$1,050,000 |
2 |
$1,102,500 |
3 |
$1,157,625 |
4 |
$1,215,506 |
5 |
$1,276,282 |
6 |
$1,340,096 |
7 |
$1,407,100 |
8 |
$1,477,455 |
9 |
$1,551,328 |
10 |
$1,628,895 |
$1,000,000 for 10 Years by Interest Rate
Rate |
Amount |
1% |
$1,104,622 |
2% |
$1,218,994 |
3% |
$1,343,916 |
4% |
$1,480,244 |
5% |
$1,628,895 |
6% |
$1,790,848 |
8% |
$2,158,925 |
10% |
$2,593,742 |
12% |
$3,105,848 |
15% |
$4,045,558 |
20% |
$6,191,736 |
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