$20 at 1% 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 1% interest, your initial investment of $20 will have grown to $29.78.
You will have earned $9.78 in interest.
How much will savings of $20 be worth in 40 years if invested at a 1.00% interest rate?
This calculator determines the future value of $20 invested for 40 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?"
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 $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 |
| 13 | $22.76 |
| 14 | $22.99 |
| 15 | $23.22 |
| 16 | $23.45 |
| 17 | $23.69 |
| 18 | $23.92 |
| 19 | $24.16 |
| 20 | $24.40 |
| 21 | $24.65 |
| 22 | $24.89 |
| 23 | $25.14 |
| 24 | $25.39 |
| 25 | $25.65 |
| 26 | $25.91 |
| 27 | $26.16 |
| 28 | $26.43 |
| 29 | $26.69 |
| 30 | $26.96 |
| 31 | $27.23 |
| 32 | $27.50 |
| 33 | $27.77 |
| 34 | $28.05 |
| 35 | $28.33 |
| 36 | $28.62 |
| 37 | $28.90 |
| 38 | $29.19 |
| 39 | $29.48 |
| 40 | $29.78 |
$20 for 40 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $29.78 |
| 2% | $44.16 |
| 3% | $65.24 |
| 4% | $96.02 |
| 5% | $140.80 |
| 6% | $205.71 |
| 8% | $434.49 |
| 10% | $905.19 |
| 12% | $1,861 |
| 15% | $5,357 |
| 20% | $29,395 |