$2 at 1% Interest for 20 Years
How much money will your investment be worth if you let the interest grow?
After investing for 20 years at 1% interest, your initial investment of $2 will have grown to $2.44.
You will have earned $0.44 in interest.
How much will savings of $2 be worth in 20 years if invested at a 1.00% interest rate?
This calculator determines the future value of $2 invested for 20 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?"
Nevertheless, investing money consistently over a long period of time has made many people very rich.
Growth of $2 at 1% Interest
Year |
Amount |
0 |
$2.00 |
1 |
$2.02 |
2 |
$2.04 |
3 |
$2.06 |
4 |
$2.08 |
5 |
$2.10 |
6 |
$2.12 |
7 |
$2.14 |
8 |
$2.17 |
9 |
$2.19 |
10 |
$2.21 |
11 |
$2.23 |
12 |
$2.25 |
13 |
$2.28 |
14 |
$2.30 |
15 |
$2.32 |
16 |
$2.35 |
17 |
$2.37 |
18 |
$2.39 |
19 |
$2.42 |
20 |
$2.44 |
$2 for 20 Years by Interest Rate
Rate |
Amount |
1% |
$2.44 |
2% |
$2.97 |
3% |
$3.61 |
4% |
$4.38 |
5% |
$5.31 |
6% |
$6.41 |
8% |
$9.32 |
10% |
$13.45 |
12% |
$19.29 |
15% |
$32.73 |
20% |
$76.68 |