$15,000 at 1% Interest for 20 Years
How much money will your investment be worth if you let the interest grow?
After investing for 20 years at 1% interest, your initial investment of $15,000 will have grown to $18,303.
You will have earned $3,303 in interest.
How much will savings of $15,000 be worth in 20 years if invested at a 1.00% interest rate?
This calculator determines the future value of $15k invested for 20 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?"
Nevertheless, investing money consistently over a long period of time has made many people very rich.
Growth of $15,000 at 1% Interest
Year |
Amount |
0 |
$15,000 |
1 |
$15,150 |
2 |
$15,302 |
3 |
$15,455 |
4 |
$15,609 |
5 |
$15,765 |
6 |
$15,923 |
7 |
$16,082 |
8 |
$16,243 |
9 |
$16,405 |
10 |
$16,569 |
11 |
$16,735 |
12 |
$16,902 |
13 |
$17,071 |
14 |
$17,242 |
15 |
$17,415 |
16 |
$17,589 |
17 |
$17,765 |
18 |
$17,942 |
19 |
$18,122 |
20 |
$18,303 |
$15,000 for 20 Years by Interest Rate
Rate |
Amount |
1% |
$18,303 |
2% |
$22,289 |
3% |
$27,092 |
4% |
$32,867 |
5% |
$39,799 |
6% |
$48,107 |
8% |
$69,914 |
10% |
$100,912 |
12% |
$144,694 |
15% |
$245,498 |
20% |
$575,064 |