$50 at 2% Interest for 12 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 12 years at 2% interest, your initial investment of $50 will have grown to $63.41.
You will have earned $13.41 in interest.
How much will savings of $50 be worth in 12 years if invested at a 2.00% interest rate?
This calculator determines the future value of $50 invested for 12 years at a constant yield of 2.00% 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 $50 at 2% Interest
| Year | Amount |
|---|---|
| 0 | $50.00 |
| 1 | $51.00 |
| 2 | $52.02 |
| 3 | $53.06 |
| 4 | $54.12 |
| 5 | $55.20 |
| 6 | $56.31 |
| 7 | $57.43 |
| 8 | $58.58 |
| 9 | $59.75 |
| 10 | $60.95 |
| 11 | $62.17 |
| 12 | $63.41 |
$50 for 12 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $56.34 |
| 2% | $63.41 |
| 3% | $71.29 |
| 4% | $80.05 |
| 5% | $89.79 |
| 6% | $100.61 |
| 8% | $125.91 |
| 10% | $156.92 |
| 12% | $194.80 |
| 15% | $267.51 |
| 20% | $445.81 |