$40 at 1% Interest for 30 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 30 years at 1% interest, your initial investment of $40 will have grown to $53.91.
You will have earned $13.91 in interest.
How much will savings of $40 be worth in 30 years if invested at a 1.00% interest rate?
This calculator determines the future value of $40 invested for 30 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 $40 at 1% Interest
| Year | Amount |
|---|---|
| 0 | $40.00 |
| 1 | $40.40 |
| 2 | $40.80 |
| 3 | $41.21 |
| 4 | $41.62 |
| 5 | $42.04 |
| 6 | $42.46 |
| 7 | $42.89 |
| 8 | $43.31 |
| 9 | $43.75 |
| 10 | $44.18 |
| 11 | $44.63 |
| 12 | $45.07 |
| 13 | $45.52 |
| 14 | $45.98 |
| 15 | $46.44 |
| 16 | $46.90 |
| 17 | $47.37 |
| 18 | $47.85 |
| 19 | $48.32 |
| 20 | $48.81 |
| 21 | $49.30 |
| 22 | $49.79 |
| 23 | $50.29 |
| 24 | $50.79 |
| 25 | $51.30 |
| 26 | $51.81 |
| 27 | $52.33 |
| 28 | $52.85 |
| 29 | $53.38 |
| 30 | $53.91 |
$40 for 30 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $53.91 |
| 2% | $72.45 |
| 3% | $97.09 |
| 4% | $129.74 |
| 5% | $172.88 |
| 6% | $229.74 |
| 8% | $402.51 |
| 10% | $697.98 |
| 12% | $1,198 |
| 15% | $2,648 |
| 20% | $9,495 |