$15 at 7% Interest for 40 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 40 years at 7% interest, your initial investment of $15 will have grown to $224.62.
You will have earned $209.62 in interest.
How much will savings of $15 be worth in 40 years if invested at a 7.00% interest rate?
This calculator determines the future value of $15 invested for 40 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?"
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 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 |
| 21 | $62.11 |
| 22 | $66.46 |
| 23 | $71.11 |
| 24 | $76.09 |
| 25 | $81.41 |
| 26 | $87.11 |
| 27 | $93.21 |
| 28 | $99.73 |
| 29 | $106.71 |
| 30 | $114.18 |
| 31 | $122.18 |
| 32 | $130.73 |
| 33 | $139.88 |
| 34 | $149.67 |
| 35 | $160.15 |
| 36 | $171.36 |
| 37 | $183.35 |
| 38 | $196.19 |
| 39 | $209.92 |
| 40 | $224.62 |
$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 |