$49,000 at 1% 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 1% interest, your initial investment of $49,000 will have grown to $54,126.
You will have earned $5,126 in interest.
How much will savings of $49,000 be worth in 10 years if invested at a 1.00% interest rate?
This calculator determines the future value of $49k invested for 10 years at a constant yield of 1.00% 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 $49,000 at 1% Interest
Year Amount
0 $49,000
1 $49,490
2 $49,985
3 $50,485
4 $50,990
5 $51,499
6 $52,014
7 $52,535
8 $53,060
9 $53,591
10 $54,126
$49,000 for 10 Years by Interest Rate
Rate Amount
1% $54,126
2% $59,731
3% $65,852
4% $72,532
5% $79,816
6% $87,752
8% $105,787
10% $127,093
12% $152,187
15% $198,232
20% $303,395