$35,000 at 1% Interest for 20 Years

How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 20 years at 1% interest, your initial investment of $35,000 will have grown to $42,707.
You will have earned $7,707 in interest.
How much will savings of $35,000 be worth in 20 years if invested at a 1.00% interest rate?
This calculator determines the future value of $35k invested for 20 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?"
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 $35,000 at 1% Interest
Year Amount
0 $35,000
1 $35,350
2 $35,704
3 $36,061
4 $36,421
5 $36,785
6 $37,153
7 $37,525
8 $37,900
9 $38,279
10 $38,662
11 $39,048
12 $39,439
13 $39,833
14 $40,232
15 $40,634
16 $41,040
17 $41,451
18 $41,865
19 $42,284
20 $42,707
$35,000 for 20 Years by Interest Rate
Rate Amount
1% $42,707
2% $52,008
3% $63,214
4% $76,689
5% $92,865
6% $112,250
8% $163,134
10% $235,462
12% $337,620
15% $572,829
20% $1,341,816