$13,000 at 1% Interest for 40 Years

How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 40 years at 1% interest, your initial investment of $13,000 will have grown to $19,355.
You will have earned $6,355 in interest.
How much will savings of $13,000 be worth in 40 years if invested at a 1.00% interest rate?
This calculator determines the future value of $13k invested for 40 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
21 $16,021
22 $16,181
23 $16,343
24 $16,507
25 $16,672
26 $16,838
27 $17,007
28 $17,177
29 $17,349
30 $17,522
31 $17,697
32 $17,874
33 $18,053
34 $18,234
35 $18,416
36 $18,600
37 $18,786
38 $18,974
39 $19,164
40 $19,355
$13,000 for 40 Years by Interest Rate
Rate Amount
1% $19,355
2% $28,705
3% $42,406
4% $62,413
5% $91,520
6% $133,714
8% $282,419
10% $588,370
12% $1,209,663
15% $3,482,226
20% $19,107,030