$15 at 6% Interest for 12 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 12 years at 6% interest, your initial investment of $15 will have grown to $30.18.
You will have earned $15.18 in interest.
How much will savings of $15 be worth in 12 years if invested at a 6.00% interest rate?
This calculator determines the future value of $15 invested for 12 years at a constant yield of 6.00% 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 $15 at 6% Interest
| Year | Amount |
|---|---|
| 0 | $15.00 |
| 1 | $15.90 |
| 2 | $16.85 |
| 3 | $17.87 |
| 4 | $18.94 |
| 5 | $20.07 |
| 6 | $21.28 |
| 7 | $22.55 |
| 8 | $23.91 |
| 9 | $25.34 |
| 10 | $26.86 |
| 11 | $28.47 |
| 12 | $30.18 |
$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 |