$17,000 at 1% Interest for 40 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 40 years at 1% interest, your initial investment of $17,000 will have grown to $25,311.
You will have earned $8,311 in interest.
How much will savings of $17,000 be worth in 40 years if invested at a 1.00% interest rate?
This calculator determines the future value of $17k invested for 40 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 |
| 31 | $23,143 |
| 32 | $23,374 |
| 33 | $23,608 |
| 34 | $23,844 |
| 35 | $24,082 |
| 36 | $24,323 |
| 37 | $24,566 |
| 38 | $24,812 |
| 39 | $25,060 |
| 40 | $25,311 |
$17,000 for 40 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $25,311 |
| 2% | $37,537 |
| 3% | $55,455 |
| 4% | $81,617 |
| 5% | $119,680 |
| 6% | $174,857 |
| 8% | $369,317 |
| 10% | $769,407 |
| 12% | $1,581,866 |
| 15% | $4,553,680 |
| 20% | $24,986,117 |