$1,000,000 at 12% Interest for 20 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 20 years at 12% interest, your initial investment of $1,000,000 will have grown to $9,646,293.
You will have earned $8,646,293 in interest.
How much will savings of $1,000,000 be worth in 20 years if invested at a 12.00% interest rate?
This calculator determines the future value of $1 million invested for 20 years at a constant yield of 12.00% 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 $1,000,000 at 12% Interest
| Year | Amount |
|---|---|
| 0 | $1,000,000 |
| 1 | $1,120,000 |
| 2 | $1,254,400 |
| 3 | $1,404,928 |
| 4 | $1,573,519 |
| 5 | $1,762,342 |
| 6 | $1,973,823 |
| 7 | $2,210,681 |
| 8 | $2,475,963 |
| 9 | $2,773,079 |
| 10 | $3,105,848 |
| 11 | $3,478,550 |
| 12 | $3,895,976 |
| 13 | $4,363,493 |
| 14 | $4,887,112 |
| 15 | $5,473,566 |
| 16 | $6,130,394 |
| 17 | $6,866,041 |
| 18 | $7,689,966 |
| 19 | $8,612,762 |
| 20 | $9,646,293 |
$1,000,000 for 20 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $1,220,190 |
| 2% | $1,485,947 |
| 3% | $1,806,111 |
| 4% | $2,191,123 |
| 5% | $2,653,298 |
| 6% | $3,207,135 |
| 8% | $4,660,957 |
| 10% | $6,727,500 |
| 12% | $9,646,293 |
| 15% | $16,366,537 |
| 20% | $38,337,600 |