$1,500 at 4% Interest for 20 Years
How much money will your investment be worth if you let the interest grow?
After investing for 20 years at 4% interest, your initial investment of $1,500 will have grown to $3,287.
You will have earned $1,787 in interest.
How much will savings of $1,500 be worth in 20 years if invested at a 4.00% interest rate?
This calculator determines the future value of $1.5k invested for 20 years at a constant yield of 4.00% 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 4% Interest
Year |
Amount |
0 |
$1,500 |
1 |
$1,560 |
2 |
$1,622 |
3 |
$1,687 |
4 |
$1,755 |
5 |
$1,825 |
6 |
$1,898 |
7 |
$1,974 |
8 |
$2,053 |
9 |
$2,135 |
10 |
$2,220 |
11 |
$2,309 |
12 |
$2,402 |
13 |
$2,498 |
14 |
$2,598 |
15 |
$2,701 |
16 |
$2,809 |
17 |
$2,922 |
18 |
$3,039 |
19 |
$3,160 |
20 |
$3,287 |
$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 |