$2,000 at 2% Interest for 10 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 10 years at 2% interest, your initial investment of $2,000 will have grown to $2,438.
You will have earned $438 in interest.
How much will savings of $2,000 be worth in 10 years if invested at a 2.00% interest rate?
This calculator determines the future value of $2k invested for 10 years at a constant yield of 2.00% 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 2% Interest
| Year | Amount |
|---|---|
| 0 | $2,000 |
| 1 | $2,040 |
| 2 | $2,081 |
| 3 | $2,122 |
| 4 | $2,165 |
| 5 | $2,208 |
| 6 | $2,252 |
| 7 | $2,297 |
| 8 | $2,343 |
| 9 | $2,390 |
| 10 | $2,438 |
$2,000 for 10 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $2,209 |
| 2% | $2,438 |
| 3% | $2,688 |
| 4% | $2,960 |
| 5% | $3,258 |
| 6% | $3,582 |
| 8% | $4,318 |
| 10% | $5,187 |
| 12% | $6,212 |
| 15% | $8,091 |
| 20% | $12,383 |