$1,000,000 at 15% Interest for 30 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 30 years at 15% interest, your initial investment of $1,000,000 will have grown to $66,211,772.
You will have earned $65,211,772 in interest.
How much will savings of $1,000,000 be worth in 30 years if invested at a 15.00% interest rate?
This calculator determines the future value of $1 million invested for 30 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 |
| 21 | $18,821,518 |
| 22 | $21,644,746 |
| 23 | $24,891,458 |
| 24 | $28,625,176 |
| 25 | $32,918,953 |
| 26 | $37,856,796 |
| 27 | $43,535,315 |
| 28 | $50,065,612 |
| 29 | $57,575,454 |
| 30 | $66,211,772 |
$1,000,000 for 30 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $1,347,849 |
| 2% | $1,811,362 |
| 3% | $2,427,262 |
| 4% | $3,243,398 |
| 5% | $4,321,942 |
| 6% | $5,743,491 |
| 8% | $10,062,657 |
| 10% | $17,449,402 |
| 12% | $29,959,922 |
| 15% | $66,211,772 |
| 20% | $237,376,314 |