$20 at 6% Interest for 15 Years
How much money will your investment be worth if you let the interest grow?
After investing for 15 years at 6% interest, your initial investment of $20 will have grown to $47.93.
You will have earned $27.93 in interest.
How much will savings of $20 be worth in 15 years if invested at a 6.00% interest rate?
This calculator determines the future value of $20 invested for 15 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 $20 at 6% Interest
Year |
Amount |
0 |
$20.00 |
1 |
$21.20 |
2 |
$22.47 |
3 |
$23.82 |
4 |
$25.25 |
5 |
$26.76 |
6 |
$28.37 |
7 |
$30.07 |
8 |
$31.88 |
9 |
$33.79 |
10 |
$35.82 |
11 |
$37.97 |
12 |
$40.24 |
13 |
$42.66 |
14 |
$45.22 |
15 |
$47.93 |
$20 for 15 Years by Interest Rate
Rate |
Amount |
1% |
$23.22 |
2% |
$26.92 |
3% |
$31.16 |
4% |
$36.02 |
5% |
$41.58 |
6% |
$47.93 |
8% |
$63.44 |
10% |
$83.54 |
12% |
$109.47 |
15% |
$162.74 |
20% |
$308.14 |