$2,000 at 7% Interest for 15 Years
How much money will your investment be worth if you let the interest grow?
After investing for 15 years at 7% interest, your initial investment of $2,000 will have grown to $5,518.
You will have earned $3,518 in interest.
How much will savings of $2,000 be worth in 15 years if invested at a 7.00% interest rate?
This calculator determines the future value of $2k invested for 15 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?"
Nevertheless, investing money consistently over a long period of time has made many people very rich.
Growth of $2,000 at 7% Interest
Year |
Amount |
0 |
$2,000 |
1 |
$2,140 |
2 |
$2,290 |
3 |
$2,450 |
4 |
$2,622 |
5 |
$2,805 |
6 |
$3,001 |
7 |
$3,212 |
8 |
$3,436 |
9 |
$3,677 |
10 |
$3,934 |
11 |
$4,210 |
12 |
$4,504 |
13 |
$4,820 |
14 |
$5,157 |
15 |
$5,518 |
$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 |