$16,000 Compound Interest Calculator

How much money will $16,000 be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 10 years at 5% interest, your $16,000 investment will have grown to $26,062
Did Albert Einstein really say "Compound interest is the most powerful force in the universe?"
According to Snopes, the answer is probably not.
Growth of $16,000 at 5% Interest
Year Amount
0 $16,000
1 $16,800
2 $17,640
3 $18,522
4 $19,448
5 $20,421
6 $21,442
7 $22,514
8 $23,639
9 $24,821
10 $26,062
$16,000 for 10 Years by Interest Rate
Rate Amount
1% $17,674
2% $19,504
3% $21,503
4% $23,684
5% $26,062
6% $28,654
8% $34,543
10% $41,500
12% $49,694
15% $64,729
20% $99,068