$20 at 1% Interest for 12 Years
How much money will your investment be worth if you let the interest grow?
After investing for 12 years at 1% interest, your initial investment of $20 will have grown to $22.54.
You will have earned $2.54 in interest.
How much will savings of $20 be worth in 12 years if invested at a 1.00% interest rate?
This calculator determines the future value of $20 invested for 12 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?"
Nevertheless, investing money consistently over a long period of time has made many people very rich.
Growth of $20 at 1% Interest
Year |
Amount |
0 |
$20.00 |
1 |
$20.20 |
2 |
$20.40 |
3 |
$20.61 |
4 |
$20.81 |
5 |
$21.02 |
6 |
$21.23 |
7 |
$21.44 |
8 |
$21.66 |
9 |
$21.87 |
10 |
$22.09 |
11 |
$22.31 |
12 |
$22.54 |
$20 for 12 Years by Interest Rate
Rate |
Amount |
1% |
$22.54 |
2% |
$25.36 |
3% |
$28.52 |
4% |
$32.02 |
5% |
$35.92 |
6% |
$40.24 |
8% |
$50.36 |
10% |
$62.77 |
12% |
$77.92 |
15% |
$107.01 |
20% |
$178.32 |