$2,000 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 $2,000 will have grown to $2,978.
You will have earned $978 in interest.
How much will savings of $2,000 be worth in 40 years if invested at a 1.00% interest rate?
This calculator determines the future value of $2k 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 $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 |
| 31 | $2,723 |
| 32 | $2,750 |
| 33 | $2,777 |
| 34 | $2,805 |
| 35 | $2,833 |
| 36 | $2,862 |
| 37 | $2,890 |
| 38 | $2,919 |
| 39 | $2,948 |
| 40 | $2,978 |
$2,000 for 40 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $2,978 |
| 2% | $4,416 |
| 3% | $6,524 |
| 4% | $9,602 |
| 5% | $14,080 |
| 6% | $20,571 |
| 8% | $43,449 |
| 10% | $90,519 |
| 12% | $186,102 |
| 15% | $535,727 |
| 20% | $2,939,543 |