$20 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 $20 will have grown to $299.49.
You will have earned $279.49 in interest.
How much will savings of $20 be worth in 40 years if invested at a 7.00% interest rate?
This calculator determines the future value of $20 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 $20 at 7% Interest
| Year | Amount |
|---|---|
| 0 | $20.00 |
| 1 | $21.40 |
| 2 | $22.90 |
| 3 | $24.50 |
| 4 | $26.22 |
| 5 | $28.05 |
| 6 | $30.01 |
| 7 | $32.12 |
| 8 | $34.36 |
| 9 | $36.77 |
| 10 | $39.34 |
| 11 | $42.10 |
| 12 | $45.04 |
| 13 | $48.20 |
| 14 | $51.57 |
| 15 | $55.18 |
| 16 | $59.04 |
| 17 | $63.18 |
| 18 | $67.60 |
| 19 | $72.33 |
| 20 | $77.39 |
| 21 | $82.81 |
| 22 | $88.61 |
| 23 | $94.81 |
| 24 | $101.45 |
| 25 | $108.55 |
| 26 | $116.15 |
| 27 | $124.28 |
| 28 | $132.98 |
| 29 | $142.29 |
| 30 | $152.25 |
| 31 | $162.90 |
| 32 | $174.31 |
| 33 | $186.51 |
| 34 | $199.56 |
| 35 | $213.53 |
| 36 | $228.48 |
| 37 | $244.47 |
| 38 | $261.59 |
| 39 | $279.90 |
| 40 | $299.49 |
$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 |