$2 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 $2 will have grown to $2.98.
You will have earned $0.98 in interest.
How much will savings of $2 be worth in 40 years if invested at a 1.00% interest rate?
This calculator determines the future value of $2 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 $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 |
| 21 | $2.46 |
| 22 | $2.49 |
| 23 | $2.51 |
| 24 | $2.54 |
| 25 | $2.56 |
| 26 | $2.59 |
| 27 | $2.62 |
| 28 | $2.64 |
| 29 | $2.67 |
| 30 | $2.70 |
| 31 | $2.72 |
| 32 | $2.75 |
| 33 | $2.78 |
| 34 | $2.81 |
| 35 | $2.83 |
| 36 | $2.86 |
| 37 | $2.89 |
| 38 | $2.92 |
| 39 | $2.95 |
| 40 | $2.98 |
$2 for 40 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $2.98 |
| 2% | $4.42 |
| 3% | $6.52 |
| 4% | $9.60 |
| 5% | $14.08 |
| 6% | $20.57 |
| 8% | $43.45 |
| 10% | $90.52 |
| 12% | $186.10 |
| 15% | $535.73 |
| 20% | $2,940 |