$15,000 at 6% Interest for 20 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 20 years at 6% interest, your initial investment of $15,000 will have grown to $48,107.
You will have earned $33,107 in interest.
How much will savings of $15,000 be worth in 20 years if invested at a 6.00% interest rate?
This calculator determines the future value of $15k invested for 20 years at a constant yield of 6.00% 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 6% Interest
| Year | Amount |
|---|---|
| 0 | $15,000 |
| 1 | $15,900 |
| 2 | $16,854 |
| 3 | $17,865 |
| 4 | $18,937 |
| 5 | $20,073 |
| 6 | $21,278 |
| 7 | $22,554 |
| 8 | $23,908 |
| 9 | $25,342 |
| 10 | $26,863 |
| 11 | $28,474 |
| 12 | $30,183 |
| 13 | $31,994 |
| 14 | $33,914 |
| 15 | $35,948 |
| 16 | $38,105 |
| 17 | $40,392 |
| 18 | $42,815 |
| 19 | $45,384 |
| 20 | $48,107 |
$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 |