$15,000 at 5% Interest for 20 Years
How much money will your investment be worth if you let the interest grow?
After investing for 20 years at 5% interest, your initial investment of $15,000 will have grown to $39,799.
You will have earned $24,799 in interest.
How much will savings of $15,000 be worth in 20 years if invested at a 5.00% interest rate?
This calculator determines the future value of $15k invested for 20 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 $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 |
16 |
$32,743 |
17 |
$34,380 |
18 |
$36,099 |
19 |
$37,904 |
20 |
$39,799 |
$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 |