$1,000,000 at 15% 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 15% interest, your initial investment of $1,000,000 will have grown to $16,366,537.
You will have earned $15,366,537 in interest.
How much will savings of $1,000,000 be worth in 20 years if invested at a 15.00% interest rate?
This calculator determines the future value of $1 million invested for 20 years at a constant yield of 15.00% 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 15% Interest
| Year | Amount |
|---|---|
| 0 | $1,000,000 |
| 1 | $1,150,000 |
| 2 | $1,322,500 |
| 3 | $1,520,875 |
| 4 | $1,749,006 |
| 5 | $2,011,357 |
| 6 | $2,313,061 |
| 7 | $2,660,020 |
| 8 | $3,059,023 |
| 9 | $3,517,876 |
| 10 | $4,045,558 |
| 11 | $4,652,391 |
| 12 | $5,350,250 |
| 13 | $6,152,788 |
| 14 | $7,075,706 |
| 15 | $8,137,062 |
| 16 | $9,357,621 |
| 17 | $10,761,264 |
| 18 | $12,375,454 |
| 19 | $14,231,772 |
| 20 | $16,366,537 |
$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 |