$13,000 at 1% 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 1% interest, your initial investment of $13,000 will have grown to $15,862.
You will have earned $2,862 in interest.
How much will savings of $13,000 be worth in 20 years if invested at a 1.00% interest rate?
This calculator determines the future value of $13k invested for 20 years at a constant yield of 1.00% 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 $13,000 at 1% Interest
| Year | Amount |
|---|---|
| 0 | $13,000 |
| 1 | $13,130 |
| 2 | $13,261 |
| 3 | $13,394 |
| 4 | $13,528 |
| 5 | $13,663 |
| 6 | $13,800 |
| 7 | $13,938 |
| 8 | $14,077 |
| 9 | $14,218 |
| 10 | $14,360 |
| 11 | $14,504 |
| 12 | $14,649 |
| 13 | $14,795 |
| 14 | $14,943 |
| 15 | $15,093 |
| 16 | $15,244 |
| 17 | $15,396 |
| 18 | $15,550 |
| 19 | $15,705 |
| 20 | $15,862 |
$13,000 for 20 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $15,862 |
| 2% | $19,317 |
| 3% | $23,479 |
| 4% | $28,485 |
| 5% | $34,493 |
| 6% | $41,693 |
| 8% | $60,592 |
| 10% | $87,457 |
| 12% | $125,402 |
| 15% | $212,765 |
| 20% | $498,389 |