$5 at 7% Interest for 5 Years
How much money will your investment be worth if you let the interest grow?
After investing for 5 years at 7% interest, your initial investment of $5 will have grown to $7.01.
You will have earned $2.01 in interest.
How much will savings of $5 be worth in 5 years if invested at a 7.00% interest rate?
This calculator determines the future value of $5 invested for 5 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 |
$5 for 5 Years by Interest Rate
Rate |
Amount |
1% |
$5.26 |
2% |
$5.52 |
3% |
$5.80 |
4% |
$6.08 |
5% |
$6.38 |
6% |
$6.69 |
8% |
$7.35 |
10% |
$8.05 |
12% |
$8.81 |
15% |
$10.06 |
20% |
$12.44 |