$2,000 at 7% 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 7% interest, your initial investment of $2,000 will have grown to $15,225.
You will have earned $13,225 in interest.
How much will savings of $2,000 be worth in 30 years if invested at a 7.00% interest rate?
This calculator determines the future value of $2k invested for 30 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?"
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 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 |
| 16 | $5,904 |
| 17 | $6,318 |
| 18 | $6,760 |
| 19 | $7,233 |
| 20 | $7,739 |
| 21 | $8,281 |
| 22 | $8,861 |
| 23 | $9,481 |
| 24 | $10,145 |
| 25 | $10,855 |
| 26 | $11,615 |
| 27 | $12,428 |
| 28 | $13,298 |
| 29 | $14,229 |
| 30 | $15,225 |
$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 |