$20,000 at 9% Interest for 10 Years
How much money will your investment be worth if you let the interest grow?
After investing for 10 years at 9% interest, your initial investment of $20,000 will have grown to $47,347.
You will have earned $27,347 in interest.
How much will savings of $20,000 be worth in 10 years if invested at a 9.00% interest rate?
This calculator determines the future value of $20k invested for 10 years at a constant yield of 9.00% 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 $20,000 at 9% Interest
Year |
Amount |
0 |
$20,000 |
1 |
$21,800 |
2 |
$23,762 |
3 |
$25,901 |
4 |
$28,232 |
5 |
$30,772 |
6 |
$33,542 |
7 |
$36,561 |
8 |
$39,851 |
9 |
$43,438 |
10 |
$47,347 |
$20,000 for 10 Years by Interest Rate
Rate |
Amount |
1% |
$22,092 |
2% |
$24,380 |
3% |
$26,878 |
4% |
$29,605 |
5% |
$32,578 |
6% |
$35,817 |
8% |
$43,178 |
10% |
$51,875 |
12% |
$62,117 |
15% |
$80,911 |
20% |
$123,835 |