$4,000 at 2% 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 2% interest, your initial investment of $4,000 will have grown to $4,416.
You will have earned $416 in interest.
How much will savings of $4,000 be worth in 5 years if invested at a 2.00% interest rate?
This calculator determines the future value of $4k invested for 5 years at a constant yield of 2.00% 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 $4,000 at 2% Interest
| Year | Amount |
|---|---|
| 0 | $4,000 |
| 1 | $4,080 |
| 2 | $4,162 |
| 3 | $4,245 |
| 4 | $4,330 |
| 5 | $4,416 |
$4,000 for 5 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $4,204 |
| 2% | $4,416 |
| 3% | $4,637 |
| 4% | $4,867 |
| 5% | $5,105 |
| 6% | $5,353 |
| 8% | $5,877 |
| 10% | $6,442 |
| 12% | $7,049 |
| 15% | $8,045 |
| 20% | $9,953 |