$2 at 6% 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 6% interest, your initial investment of $2 will have grown to $6.41.
You will have earned $4.41 in interest.
How much will savings of $2 be worth in 20 years if invested at a 6.00% interest rate?
This calculator determines the future value of $2 invested for 20 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?"
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 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
13 $4.27
14 $4.52
15 $4.79
16 $5.08
17 $5.39
18 $5.71
19 $6.05
20 $6.41
$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