$30,000 at 5% Interest for 15 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 15 years at 5% interest, your initial investment of $30,000 will have grown to $62,368.
You will have earned $32,368 in interest.
How much will savings of $30,000 be worth in 15 years if invested at a 5.00% interest rate?
This calculator determines the future value of $30k invested for 15 years at a constant yield of 5.00% 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 $30,000 at 5% Interest
| Year | Amount |
|---|---|
| 0 | $30,000 |
| 1 | $31,500 |
| 2 | $33,075 |
| 3 | $34,729 |
| 4 | $36,465 |
| 5 | $38,288 |
| 6 | $40,203 |
| 7 | $42,213 |
| 8 | $44,324 |
| 9 | $46,540 |
| 10 | $48,867 |
| 11 | $51,310 |
| 12 | $53,876 |
| 13 | $56,569 |
| 14 | $59,398 |
| 15 | $62,368 |
$30,000 for 15 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $34,829 |
| 2% | $40,376 |
| 3% | $46,739 |
| 4% | $54,028 |
| 5% | $62,368 |
| 6% | $71,897 |
| 8% | $95,165 |
| 10% | $125,317 |
| 12% | $164,207 |
| 15% | $244,112 |
| 20% | $462,211 |