$2 at 6% Interest for 12 Years
How much money will your investment be worth if you let the interest grow?
After investing for 12 years at 6% interest, your initial investment of $2 will have grown to $4.02.
You will have earned $2.02 in interest.
How much will savings of $2 be worth in 12 years if invested at a 6.00% interest rate?
This calculator determines the future value of $2 invested for 12 years at a constant yield of 6.00% 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 6% Interest
Year |
Amount |
0 |
$2.00 |
1 |
$2.12 |
2 |
$2.25 |
3 |
$2.38 |
4 |
$2.52 |
5 |
$2.68 |
6 |
$2.84 |
7 |
$3.01 |
8 |
$3.19 |
9 |
$3.38 |
10 |
$3.58 |
11 |
$3.80 |
12 |
$4.02 |
$2 for 12 Years by Interest Rate
Rate |
Amount |
1% |
$2.25 |
2% |
$2.54 |
3% |
$2.85 |
4% |
$3.20 |
5% |
$3.59 |
6% |
$4.02 |
8% |
$5.04 |
10% |
$6.28 |
12% |
$7.79 |
15% |
$10.70 |
20% |
$17.83 |