$15 at 7% Interest for 20 Years
How much money will your investment be worth if you let the interest grow?
After investing for 20 years at 7% interest, your initial investment of $15 will have grown to $58.05.
You will have earned $43.05 in interest.
How much will savings of $15 be worth in 20 years if invested at a 7.00% interest rate?
This calculator determines the future value of $15 invested for 20 years at a constant yield of 7.00% 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 7% Interest
Year |
Amount |
0 |
$15.00 |
1 |
$16.05 |
2 |
$17.17 |
3 |
$18.38 |
4 |
$19.66 |
5 |
$21.04 |
6 |
$22.51 |
7 |
$24.09 |
8 |
$25.77 |
9 |
$27.58 |
10 |
$29.51 |
11 |
$31.57 |
12 |
$33.78 |
13 |
$36.15 |
14 |
$38.68 |
15 |
$41.39 |
16 |
$44.28 |
17 |
$47.38 |
18 |
$50.70 |
19 |
$54.25 |
20 |
$58.05 |
$15 for 20 Years by Interest Rate
Rate |
Amount |
1% |
$18.30 |
2% |
$22.29 |
3% |
$27.09 |
4% |
$32.87 |
5% |
$39.80 |
6% |
$48.11 |
8% |
$69.91 |
10% |
$100.91 |
12% |
$144.69 |
15% |
$245.50 |
20% |
$575.06 |