$30 at 1% Interest for 10 Years
How much money will your investment be worth if you let the interest grow?
After investing for 10 years at 1% interest, your initial investment of $30 will have grown to $33.14.
You will have earned $3.14 in interest.
How much will savings of $30 be worth in 10 years if invested at a 1.00% interest rate?
This calculator determines the future value of $30 invested for 10 years at a constant yield of 1.00% 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 $30 at 1% Interest
Year |
Amount |
0 |
$30.00 |
1 |
$30.30 |
2 |
$30.60 |
3 |
$30.91 |
4 |
$31.22 |
5 |
$31.53 |
6 |
$31.85 |
7 |
$32.16 |
8 |
$32.49 |
9 |
$32.81 |
10 |
$33.14 |
$30 for 10 Years by Interest Rate
Rate |
Amount |
1% |
$33.14 |
2% |
$36.57 |
3% |
$40.32 |
4% |
$44.41 |
5% |
$48.87 |
6% |
$53.73 |
8% |
$64.77 |
10% |
$77.81 |
12% |
$93.18 |
15% |
$121.37 |
20% |
$185.75 |