$40 at 4% Interest for 5 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 5 years at 4% interest, your initial investment of $40 will have grown to $48.67.
You will have earned $8.67 in interest.
How much will savings of $40 be worth in 5 years if invested at a 4.00% interest rate?
This calculator determines the future value of $40 invested for 5 years at a constant yield of 4.00% 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 4% Interest
| Year | Amount |
|---|---|
| 0 | $40.00 |
| 1 | $41.60 |
| 2 | $43.26 |
| 3 | $44.99 |
| 4 | $46.79 |
| 5 | $48.67 |
$40 for 5 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $42.04 |
| 2% | $44.16 |
| 3% | $46.37 |
| 4% | $48.67 |
| 5% | $51.05 |
| 6% | $53.53 |
| 8% | $58.77 |
| 10% | $64.42 |
| 12% | $70.49 |
| 15% | $80.45 |
| 20% | $99.53 |