$15 at 5% Interest for 12 Years
How much money will your investment be worth if you let the interest grow?
After investing for 12 years at 5% interest, your initial investment of $15 will have grown to $26.94.
You will have earned $11.94 in interest.
How much will savings of $15 be worth in 12 years if invested at a 5.00% interest rate?
This calculator determines the future value of $15 invested for 12 years at a constant yield of 5.00% compounded annually.
Did Albert Einstein really say "Compound interest is the most powerful force in the universe?"
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 |
11 |
$25.66 |
12 |
$26.94 |
$15 for 12 Years by Interest Rate
Rate |
Amount |
1% |
$16.90 |
2% |
$19.02 |
3% |
$21.39 |
4% |
$24.02 |
5% |
$26.94 |
6% |
$30.18 |
8% |
$37.77 |
10% |
$47.08 |
12% |
$58.44 |
15% |
$80.25 |
20% |
$133.74 |