$42,000 at 4% Interest for 10 Years

How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 10 years at 4% interest, your initial investment of $42,000 will have grown to $62,170.
You will have earned $20,170 in interest.
How much will savings of $42,000 be worth in 10 years if invested at a 4.00% interest rate?
This calculator determines the future value of $42k invested for 10 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 $42,000 at 4% Interest
Year Amount
0 $42,000
1 $43,680
2 $45,427
3 $47,244
4 $49,134
5 $51,099
6 $53,143
7 $55,269
8 $57,480
9 $59,779
10 $62,170
$42,000 for 10 Years by Interest Rate
Rate Amount
1% $46,394
2% $51,198
3% $56,444
4% $62,170
5% $68,414
6% $75,216
8% $90,675
10% $108,937
12% $130,446
15% $169,913
20% $260,053