$42,000 at 9% Interest for 40 Years

How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 40 years at 9% interest, your initial investment of $42,000 will have grown to $1,319,196.
You will have earned $1,277,196 in interest.
How much will savings of $42,000 be worth in 40 years if invested at a 9.00% interest rate?
This calculator determines the future value of $42k invested for 40 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?"
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 9% Interest
Year Amount
0 $42,000
1 $45,780
2 $49,900
3 $54,391
4 $59,286
5 $64,622
6 $70,438
7 $76,778
8 $83,688
9 $91,220
10 $99,429
11 $108,378
12 $118,132
13 $128,764
14 $140,353
15 $152,984
16 $166,753
17 $181,761
18 $198,119
19 $215,950
20 $235,385
21 $256,570
22 $279,661
23 $304,831
24 $332,265
25 $362,169
26 $394,765
27 $430,293
28 $469,020
29 $511,232
30 $557,242
31 $607,394
32 $662,060
33 $721,645
34 $786,593
35 $857,387
36 $934,551
37 $1,018,661
38 $1,110,341
39 $1,210,271
40 $1,319,196
$42,000 for 40 Years by Interest Rate
Rate Amount
1% $62,532
2% $92,738
3% $137,006
4% $201,643
5% $295,680
6% $432,000
8% $912,430
10% $1,900,889
12% $3,908,141
15% $11,250,269
20% $61,730,406