$42,000 at 20% 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 20% interest, your initial investment of $42,000 will have grown to $647,095.
You will have earned $605,095 in interest.
How much will savings of $42,000 be worth in 15 years if invested at a 20.00% interest rate?
This calculator determines the future value of $42k invested for 15 years at a constant yield of 20.00% 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 $42,000 at 20% Interest
Year Amount
0 $42,000
1 $50,400
2 $60,480
3 $72,576
4 $87,091
5 $104,509
6 $125,411
7 $150,494
8 $180,592
9 $216,711
10 $260,053
11 $312,064
12 $374,476
13 $449,371
14 $539,246
15 $647,095
$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