$1,500 at 5% Interest for 15 Years
How much money will your investment be worth if you let the interest grow?
After investing for 15 years at 5% interest, your initial investment of $1,500 will have grown to $3,118.
You will have earned $1,618 in interest.
How much will savings of $1,500 be worth in 15 years if invested at a 5.00% interest rate?
This calculator determines the future value of $1.5k invested for 15 years at a constant yield of 5.00% 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 5% Interest
Year |
Amount |
0 |
$1,500 |
1 |
$1,575 |
2 |
$1,654 |
3 |
$1,736 |
4 |
$1,823 |
5 |
$1,914 |
6 |
$2,010 |
7 |
$2,111 |
8 |
$2,216 |
9 |
$2,327 |
10 |
$2,443 |
11 |
$2,566 |
12 |
$2,694 |
13 |
$2,828 |
14 |
$2,970 |
15 |
$3,118 |
$1,500 for 15 Years by Interest Rate
Rate |
Amount |
1% |
$1,741 |
2% |
$2,019 |
3% |
$2,337 |
4% |
$2,701 |
5% |
$3,118 |
6% |
$3,595 |
8% |
$4,758 |
10% |
$6,266 |
12% |
$8,210 |
15% |
$12,206 |
20% |
$23,111 |