$42,000 at 2.5% Interest for 15 Years

How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 15 years at 2.5% interest, your initial investment of $42,000 will have grown to $60,829.
You will have earned $18,829 in interest.
How much will savings of $42,000 be worth in 15 years if invested at a 2.50% interest rate?
This calculator determines the future value of $42k invested for 15 years at a constant yield of 2.50% 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 $42,000 at 2.5% Interest
Year Amount
0 $42,000
1 $43,050
2 $44,126
3 $45,229
4 $46,360
5 $47,519
6 $48,707
7 $49,925
8 $51,173
9 $52,452
10 $53,764
11 $55,108
12 $56,485
13 $57,897
14 $59,345
15 $60,829
$42,000 for 15 Years by Interest Rate
Rate Amount
1% $48,761
2% $56,526
3% $65,435
4% $75,640
5% $87,315
6% $100,655
8% $133,231
10% $175,444
12% $229,890
15% $341,757
20% $647,095