$500 at 1% Interest for 30 Years
How much money will your investment be worth if you let the interest grow?
After investing for 30 years at 1% interest, your initial investment of $500 will have grown to $673.92.
You will have earned $173.92 in interest.
How much will savings of $500 be worth in 30 years if invested at a 1.00% interest rate?
This calculator determines the future value of $500 invested for 30 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?"
Nevertheless, investing money consistently over a long period of time has made many people very rich.
Growth of $500 at 1% Interest
Year |
Amount |
0 |
$500.00 |
1 |
$505.00 |
2 |
$510.05 |
3 |
$515.15 |
4 |
$520.30 |
5 |
$525.51 |
6 |
$530.76 |
7 |
$536.07 |
8 |
$541.43 |
9 |
$546.84 |
10 |
$552.31 |
11 |
$557.83 |
12 |
$563.41 |
13 |
$569.05 |
14 |
$574.74 |
15 |
$580.48 |
16 |
$586.29 |
17 |
$592.15 |
18 |
$598.07 |
19 |
$604.05 |
20 |
$610.10 |
21 |
$616.20 |
22 |
$622.36 |
23 |
$628.58 |
24 |
$634.87 |
25 |
$641.22 |
26 |
$647.63 |
27 |
$654.10 |
28 |
$660.65 |
29 |
$667.25 |
30 |
$673.92 |
$500 for 30 Years by Interest Rate
Rate |
Amount |
1% |
$673.92 |
2% |
$905.68 |
3% |
$1,214 |
4% |
$1,622 |
5% |
$2,161 |
6% |
$2,872 |
8% |
$5,031 |
10% |
$8,725 |
12% |
$14,980 |
15% |
$33,106 |
20% |
$118,688 |