$1,500 at 9% 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 9% interest, your initial investment of $1,500 will have grown to $47,114.
You will have earned $45,614 in interest.
How much will savings of $1,500 be worth in 40 years if invested at a 9.00% interest rate?
This calculator determines the future value of $1.5k invested for 40 years at a constant yield of 9.00% 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 9% Interest
| Year | Amount |
|---|---|
| 0 | $1,500 |
| 1 | $1,635 |
| 2 | $1,782 |
| 3 | $1,943 |
| 4 | $2,117 |
| 5 | $2,308 |
| 6 | $2,516 |
| 7 | $2,742 |
| 8 | $2,989 |
| 9 | $3,258 |
| 10 | $3,551 |
| 11 | $3,871 |
| 12 | $4,219 |
| 13 | $4,599 |
| 14 | $5,013 |
| 15 | $5,464 |
| 16 | $5,955 |
| 17 | $6,491 |
| 18 | $7,076 |
| 19 | $7,712 |
| 20 | $8,407 |
| 21 | $9,163 |
| 22 | $9,988 |
| 23 | $10,887 |
| 24 | $11,867 |
| 25 | $12,935 |
| 26 | $14,099 |
| 27 | $15,368 |
| 28 | $16,751 |
| 29 | $18,258 |
| 30 | $19,902 |
| 31 | $21,693 |
| 32 | $23,645 |
| 33 | $25,773 |
| 34 | $28,093 |
| 35 | $30,621 |
| 36 | $33,377 |
| 37 | $36,381 |
| 38 | $39,655 |
| 39 | $43,224 |
| 40 | $47,114 |
$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 |