$1,500 at 1% Interest for 20 Years
How much money will your investment be worth if you let the interest grow?
After investing for 20 years at 1% interest, your initial investment of $1,500 will have grown to $1,830.
You will have earned $330 in interest.
How much will savings of $1,500 be worth in 20 years if invested at a 1.00% interest rate?
This calculator determines the future value of $1.5k invested for 20 years at a constant yield of 1.00% 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 $1,500 at 1% Interest
Year |
Amount |
0 |
$1,500 |
1 |
$1,515 |
2 |
$1,530 |
3 |
$1,545 |
4 |
$1,561 |
5 |
$1,577 |
6 |
$1,592 |
7 |
$1,608 |
8 |
$1,624 |
9 |
$1,641 |
10 |
$1,657 |
11 |
$1,674 |
12 |
$1,690 |
13 |
$1,707 |
14 |
$1,724 |
15 |
$1,741 |
16 |
$1,759 |
17 |
$1,776 |
18 |
$1,794 |
19 |
$1,812 |
20 |
$1,830 |
$1,500 for 20 Years by Interest Rate
Rate |
Amount |
1% |
$1,830 |
2% |
$2,229 |
3% |
$2,709 |
4% |
$3,287 |
5% |
$3,980 |
6% |
$4,811 |
8% |
$6,991 |
10% |
$10,091 |
12% |
$14,469 |
15% |
$24,550 |
20% |
$57,506 |