$500 at 1% Interest for 5 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 5 years at 1% interest, your initial investment of $500 will have grown to $525.51.
You will have earned $25.51 in interest.
How much will savings of $500 be worth in 5 years if invested at a 1.00% interest rate?
This calculator determines the future value of $500 invested for 5 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?"
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 $500 at 1% Interest
| Year | Amount |
|---|---|
| 0 | $500.00 |
| 1 | $505.00 |
| 2 | $510.05 |
| 3 | $515.15 |
| 4 | $520.30 |
| 5 | $525.51 |
$500 for 5 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $525.51 |
| 2% | $552.04 |
| 3% | $579.64 |
| 4% | $608.33 |
| 5% | $638.14 |
| 6% | $669.11 |
| 8% | $734.66 |
| 10% | $805.26 |
| 12% | $881.17 |
| 15% | $1,006 |
| 20% | $1,244 |