$5 at 6% Interest for 10 Years
How much money will your investment be worth if you let the interest grow?
After investing for 10 years at 6% interest, your initial investment of $5 will have grown to $8.95.
You will have earned $3.95 in interest.
How much will savings of $5 be worth in 10 years if invested at a 6.00% interest rate?
This calculator determines the future value of $5 invested for 10 years at a constant yield of 6.00% compounded annually.
Did Albert Einstein really say "Compound interest is the most powerful force in the universe?"
Nevertheless, investing money consistently over a long period of time has made many people very rich.
Growth of $5 at 6% Interest
Year |
Amount |
0 |
$5.00 |
1 |
$5.30 |
2 |
$5.62 |
3 |
$5.96 |
4 |
$6.31 |
5 |
$6.69 |
6 |
$7.09 |
7 |
$7.52 |
8 |
$7.97 |
9 |
$8.45 |
10 |
$8.95 |
$5 for 10 Years by Interest Rate
Rate |
Amount |
1% |
$5.52 |
2% |
$6.09 |
3% |
$6.72 |
4% |
$7.40 |
5% |
$8.14 |
6% |
$8.95 |
8% |
$10.79 |
10% |
$12.97 |
12% |
$15.53 |
15% |
$20.23 |
20% |
$30.96 |