$2 at 7% 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 7% interest, your initial investment of $2 will have grown to $29.95.
You will have earned $27.95 in interest.
How much will savings of $2 be worth in 40 years if invested at a 7.00% interest rate?
This calculator determines the future value of $2 invested for 40 years at a constant yield of 7.00% 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 7% Interest
| Year | Amount |
|---|---|
| 0 | $2.00 |
| 1 | $2.14 |
| 2 | $2.29 |
| 3 | $2.45 |
| 4 | $2.62 |
| 5 | $2.81 |
| 6 | $3.00 |
| 7 | $3.21 |
| 8 | $3.44 |
| 9 | $3.68 |
| 10 | $3.93 |
| 11 | $4.21 |
| 12 | $4.50 |
| 13 | $4.82 |
| 14 | $5.16 |
| 15 | $5.52 |
| 16 | $5.90 |
| 17 | $6.32 |
| 18 | $6.76 |
| 19 | $7.23 |
| 20 | $7.74 |
| 21 | $8.28 |
| 22 | $8.86 |
| 23 | $9.48 |
| 24 | $10.14 |
| 25 | $10.85 |
| 26 | $11.61 |
| 27 | $12.43 |
| 28 | $13.30 |
| 29 | $14.23 |
| 30 | $15.22 |
| 31 | $16.29 |
| 32 | $17.43 |
| 33 | $18.65 |
| 34 | $19.96 |
| 35 | $21.35 |
| 36 | $22.85 |
| 37 | $24.45 |
| 38 | $26.16 |
| 39 | $27.99 |
| 40 | $29.95 |
$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 |