$5 at 7% Interest for 15 Years
How much money will your investment be worth if you let the interest grow?
After investing for 15 years at 7% interest, your initial investment of $5 will have grown to $13.80.
You will have earned $8.80 in interest.
How much will savings of $5 be worth in 15 years if invested at a 7.00% interest rate?
This calculator determines the future value of $5 invested for 15 years at a constant yield of 7.00% 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 7% Interest
Year |
Amount |
0 |
$5.00 |
1 |
$5.35 |
2 |
$5.72 |
3 |
$6.13 |
4 |
$6.55 |
5 |
$7.01 |
6 |
$7.50 |
7 |
$8.03 |
8 |
$8.59 |
9 |
$9.19 |
10 |
$9.84 |
11 |
$10.52 |
12 |
$11.26 |
13 |
$12.05 |
14 |
$12.89 |
15 |
$13.80 |
$5 for 15 Years by Interest Rate
Rate |
Amount |
1% |
$5.80 |
2% |
$6.73 |
3% |
$7.79 |
4% |
$9.00 |
5% |
$10.39 |
6% |
$11.98 |
8% |
$15.86 |
10% |
$20.89 |
12% |
$27.37 |
15% |
$40.69 |
20% |
$77.04 |