$17,000 at 1% Interest for 30 Years

How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 30 years at 1% interest, your initial investment of $17,000 will have grown to $22,913.
You will have earned $5,913 in interest.
How much will savings of $17,000 be worth in 30 years if invested at a 1.00% interest rate?
This calculator determines the future value of $17k invested for 30 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?"
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 $17,000 at 1% Interest
Year Amount
0 $17,000
1 $17,170
2 $17,342
3 $17,515
4 $17,690
5 $17,867
6 $18,046
7 $18,226
8 $18,409
9 $18,593
10 $18,779
11 $18,966
12 $19,156
13 $19,348
14 $19,541
15 $19,736
16 $19,934
17 $20,133
18 $20,335
19 $20,538
20 $20,743
21 $20,951
22 $21,160
23 $21,372
24 $21,585
25 $21,801
26 $22,019
27 $22,240
28 $22,462
29 $22,687
30 $22,913
$17,000 for 30 Years by Interest Rate
Rate Amount
1% $22,913
2% $30,793
3% $41,263
4% $55,138
5% $73,473
6% $97,639
8% $171,065
10% $296,640
12% $509,319
15% $1,125,600
20% $4,035,397