$15 Compound Interest Calculator
How much money will $15 be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 10 years at 5% interest, your initial investment of $15 will have grown to $24.43.
You will have earned $9.43 in interest.
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 $15 at 5% Interest
| Year | Amount |
|---|---|
| 0 | $15.00 |
| 1 | $15.75 |
| 2 | $16.54 |
| 3 | $17.36 |
| 4 | $18.23 |
| 5 | $19.14 |
| 6 | $20.10 |
| 7 | $21.11 |
| 8 | $22.16 |
| 9 | $23.27 |
| 10 | $24.43 |
$15 for 10 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $16.57 |
| 2% | $18.28 |
| 3% | $20.16 |
| 4% | $22.20 |
| 5% | $24.43 |
| 6% | $26.86 |
| 8% | $32.38 |
| 10% | $38.91 |
| 12% | $46.59 |
| 15% | $60.68 |
| 20% | $92.88 |