$15,000 at 5% Interest for 15 Years

How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 15 years at 5% interest, your initial investment of $15,000 will have grown to $31,184.
You will have earned $16,184 in interest.
How much will savings of $15,000 be worth in 15 years if invested at a 5.00% interest rate?
This calculator determines the future value of $15k 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?"
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 $15,000 at 5% Interest
Year Amount
0 $15,000
1 $15,750
2 $16,538
3 $17,364
4 $18,233
5 $19,144
6 $20,101
7 $21,107
8 $22,162
9 $23,270
10 $24,433
11 $25,655
12 $26,938
13 $28,285
14 $29,699
15 $31,184
$15,000 for 15 Years by Interest Rate
Rate Amount
1% $17,415
2% $20,188
3% $23,370
4% $27,014
5% $31,184
6% $35,948
8% $47,583
10% $62,659
12% $82,103
15% $122,056
20% $231,105