$2,000 at 2% Interest for 15 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 15 years at 2% interest, your initial investment of $2,000 will have grown to $2,692.
You will have earned $692 in interest.
How much will savings of $2,000 be worth in 15 years if invested at a 2.00% interest rate?
This calculator determines the future value of $2k invested for 15 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 |
| 11 | $2,487 |
| 12 | $2,536 |
| 13 | $2,587 |
| 14 | $2,639 |
| 15 | $2,692 |
$2,000 for 15 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $2,322 |
| 2% | $2,692 |
| 3% | $3,116 |
| 4% | $3,602 |
| 5% | $4,158 |
| 6% | $4,793 |
| 8% | $6,344 |
| 10% | $8,354 |
| 12% | $10,947 |
| 15% | $16,274 |
| 20% | $30,814 |