$40 at 9% Interest for 15 Years
How much money will your investment be worth if you let the interest grow?
After investing for 15 years at 9% interest, your initial investment of $40 will have grown to $145.70.
You will have earned $105.70 in interest.
How much will savings of $40 be worth in 15 years if invested at a 9.00% interest rate?
This calculator determines the future value of $40 invested for 15 years at a constant yield of 9.00% compounded annually.
Did Albert Einstein really say "Compound interest is the most powerful force in the universe?"
Nevertheless, investing money consistently over a long period of time has made many people very rich.
Growth of $40 at 9% Interest
Year |
Amount |
0 |
$40.00 |
1 |
$43.60 |
2 |
$47.52 |
3 |
$51.80 |
4 |
$56.46 |
5 |
$61.54 |
6 |
$67.08 |
7 |
$73.12 |
8 |
$79.70 |
9 |
$86.88 |
10 |
$94.69 |
11 |
$103.22 |
12 |
$112.51 |
13 |
$122.63 |
14 |
$133.67 |
15 |
$145.70 |
$40 for 15 Years by Interest Rate
Rate |
Amount |
1% |
$46.44 |
2% |
$53.83 |
3% |
$62.32 |
4% |
$72.04 |
5% |
$83.16 |
6% |
$95.86 |
8% |
$126.89 |
10% |
$167.09 |
12% |
$218.94 |
15% |
$325.48 |
20% |
$616.28 |