How much money will your investment be worth if you let the interest grow?

After investing for 20 years at 2% interest, your $30 investment will have grown to $44.58

How much will savings of $30 be worth in 20 years if invested at a 2.00% interest rate?

This calculator determines the future value of $30 invested for 20 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.

Growth of $30 at 2% Interest

Year | Amount |
---|---|

0 | $30.00 |

1 | $30.60 |

2 | $31.21 |

3 | $31.84 |

4 | $32.47 |

5 | $33.12 |

6 | $33.78 |

7 | $34.46 |

8 | $35.15 |

9 | $35.85 |

10 | $36.57 |

11 | $37.30 |

12 | $38.05 |

13 | $38.81 |

14 | $39.58 |

15 | $40.38 |

16 | $41.18 |

17 | $42.01 |

18 | $42.85 |

19 | $43.70 |

20 | $44.58 |

$30 for 20 Years by Interest Rate

Rate | Amount |
---|---|

1% | $36.61 |

2% | $44.58 |

3% | $54.18 |

4% | $65.73 |

5% | $79.60 |

6% | $96.21 |

8% | $139.83 |

10% | $201.82 |

12% | $289.39 |

15% | $491.00 |

20% | $1,150 |