$2,000 at 1% Interest for 30 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 30 years at 1% interest, your initial investment of $2,000 will have grown to $2,696.
You will have earned $696 in interest.
How much will savings of $2,000 be worth in 30 years if invested at a 1.00% interest rate?
This calculator determines the future value of $2k invested for 30 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 $2,000 at 1% Interest
| Year | Amount |
|---|---|
| 0 | $2,000 |
| 1 | $2,020 |
| 2 | $2,040 |
| 3 | $2,061 |
| 4 | $2,081 |
| 5 | $2,102 |
| 6 | $2,123 |
| 7 | $2,144 |
| 8 | $2,166 |
| 9 | $2,187 |
| 10 | $2,209 |
| 11 | $2,231 |
| 12 | $2,254 |
| 13 | $2,276 |
| 14 | $2,299 |
| 15 | $2,322 |
| 16 | $2,345 |
| 17 | $2,369 |
| 18 | $2,392 |
| 19 | $2,416 |
| 20 | $2,440 |
| 21 | $2,465 |
| 22 | $2,489 |
| 23 | $2,514 |
| 24 | $2,539 |
| 25 | $2,565 |
| 26 | $2,591 |
| 27 | $2,616 |
| 28 | $2,643 |
| 29 | $2,669 |
| 30 | $2,696 |
$2,000 for 30 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $2,696 |
| 2% | $3,623 |
| 3% | $4,855 |
| 4% | $6,487 |
| 5% | $8,644 |
| 6% | $11,487 |
| 8% | $20,125 |
| 10% | $34,899 |
| 12% | $59,920 |
| 15% | $132,424 |
| 20% | $474,753 |