$15 at 6% Interest for 40 Years
How much money will your investment be worth if you let the interest grow?
After investing for 40 years at 6% interest, your initial investment of $15 will have grown to $154.29.
You will have earned $139.29 in interest.
How much will savings of $15 be worth in 40 years if invested at a 6.00% interest rate?
This calculator determines the future value of $15 invested for 40 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?"
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 |
13 |
$31.99 |
14 |
$33.91 |
15 |
$35.95 |
16 |
$38.11 |
17 |
$40.39 |
18 |
$42.82 |
19 |
$45.38 |
20 |
$48.11 |
21 |
$50.99 |
22 |
$54.05 |
23 |
$57.30 |
24 |
$60.73 |
25 |
$64.38 |
26 |
$68.24 |
27 |
$72.34 |
28 |
$76.68 |
29 |
$81.28 |
30 |
$86.15 |
31 |
$91.32 |
32 |
$96.80 |
33 |
$102.61 |
34 |
$108.77 |
35 |
$115.29 |
36 |
$122.21 |
37 |
$129.54 |
38 |
$137.31 |
39 |
$145.55 |
40 |
$154.29 |
$15 for 40 Years by Interest Rate
Rate |
Amount |
1% |
$22.33 |
2% |
$33.12 |
3% |
$48.93 |
4% |
$72.02 |
5% |
$105.60 |
6% |
$154.29 |
8% |
$325.87 |
10% |
$678.89 |
12% |
$1,396 |
15% |
$4,018 |
20% |
$22,047 |