$2 at 2% Interest for 20 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 20 years at 2% interest, your initial investment of $2 will have grown to $2.97.
You will have earned $0.97 in interest.
How much will savings of $2 be worth in 20 years if invested at a 2.00% interest rate?
This calculator determines the future value of $2 invested for 20 years at a constant yield of 2.00% 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 2% Interest
| Year | Amount |
|---|---|
| 0 | $2.00 |
| 1 | $2.04 |
| 2 | $2.08 |
| 3 | $2.12 |
| 4 | $2.16 |
| 5 | $2.21 |
| 6 | $2.25 |
| 7 | $2.30 |
| 8 | $2.34 |
| 9 | $2.39 |
| 10 | $2.44 |
| 11 | $2.49 |
| 12 | $2.54 |
| 13 | $2.59 |
| 14 | $2.64 |
| 15 | $2.69 |
| 16 | $2.75 |
| 17 | $2.80 |
| 18 | $2.86 |
| 19 | $2.91 |
| 20 | $2.97 |
$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 |