$12,000 at 2% 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 2% interest, your initial investment of $12,000 will have grown to $21,736.
You will have earned $9,736 in interest.
How much will savings of $12,000 be worth in 30 years if invested at a 2.00% interest rate?
This calculator determines the future value of $12k invested for 30 years at a constant yield of 2.00% 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 $12,000 at 2% Interest
Year Amount
0 $12,000
1 $12,240
2 $12,485
3 $12,734
4 $12,989
5 $13,249
6 $13,514
7 $13,784
8 $14,060
9 $14,341
10 $14,628
11 $14,920
12 $15,219
13 $15,523
14 $15,834
15 $16,150
16 $16,473
17 $16,803
18 $17,139
19 $17,482
20 $17,831
21 $18,188
22 $18,552
23 $18,923
24 $19,301
25 $19,687
26 $20,081
27 $20,483
28 $20,892
29 $21,310
30 $21,736
$12,000 for 30 Years by Interest Rate
Rate Amount
1% $16,174
2% $21,736
3% $29,127
4% $38,921
5% $51,863
6% $68,922
8% $120,752
10% $209,393
12% $359,519
15% $794,541
20% $2,848,516