$1,500 at 1% 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 1% interest, your initial investment of $1,500 will have grown to $2,233.
You will have earned $733 in interest.
How much will savings of $1,500 be worth in 40 years if invested at a 1.00% interest rate?
This calculator determines the future value of $1.5k invested for 40 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?"
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 $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 |
| 21 | $1,849 |
| 22 | $1,867 |
| 23 | $1,886 |
| 24 | $1,905 |
| 25 | $1,924 |
| 26 | $1,943 |
| 27 | $1,962 |
| 28 | $1,982 |
| 29 | $2,002 |
| 30 | $2,022 |
| 31 | $2,042 |
| 32 | $2,062 |
| 33 | $2,083 |
| 34 | $2,104 |
| 35 | $2,125 |
| 36 | $2,146 |
| 37 | $2,168 |
| 38 | $2,189 |
| 39 | $2,211 |
| 40 | $2,233 |
$1,500 for 40 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $2,233 |
| 2% | $3,312 |
| 3% | $4,893 |
| 4% | $7,202 |
| 5% | $10,560 |
| 6% | $15,429 |
| 8% | $32,587 |
| 10% | $67,889 |
| 12% | $139,576 |
| 15% | $401,795 |
| 20% | $2,204,657 |