$1,500 at 5% Interest for 30 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 30 years at 5% interest, your initial investment of $1,500 will have grown to $6,483.
You will have earned $4,983 in interest.
How much will savings of $1,500 be worth in 30 years if invested at a 5.00% interest rate?
This calculator determines the future value of $1.5k invested for 30 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?"
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 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 |
| 16 | $3,274 |
| 17 | $3,438 |
| 18 | $3,610 |
| 19 | $3,790 |
| 20 | $3,980 |
| 21 | $4,179 |
| 22 | $4,388 |
| 23 | $4,607 |
| 24 | $4,838 |
| 25 | $5,080 |
| 26 | $5,334 |
| 27 | $5,600 |
| 28 | $5,880 |
| 29 | $6,174 |
| 30 | $6,483 |
$1,500 for 30 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $2,022 |
| 2% | $2,717 |
| 3% | $3,641 |
| 4% | $4,865 |
| 5% | $6,483 |
| 6% | $8,615 |
| 8% | $15,094 |
| 10% | $26,174 |
| 12% | $44,940 |
| 15% | $99,318 |
| 20% | $356,064 |