$500 at 10% Interest for 20 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 20 years at 10% interest, your initial investment of $500 will have grown to $3,364.
You will have earned $2,864 in interest.
How much will savings of $500 be worth in 20 years if invested at a 10.00% interest rate?
This calculator determines the future value of $500 invested for 20 years at a constant yield of 10.00% 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 10% Interest
| Year | Amount |
|---|---|
| 0 | $500.00 |
| 1 | $550.00 |
| 2 | $605.00 |
| 3 | $665.50 |
| 4 | $732.05 |
| 5 | $805.26 |
| 6 | $885.78 |
| 7 | $974.36 |
| 8 | $1,072 |
| 9 | $1,179 |
| 10 | $1,297 |
| 11 | $1,427 |
| 12 | $1,569 |
| 13 | $1,726 |
| 14 | $1,899 |
| 15 | $2,089 |
| 16 | $2,297 |
| 17 | $2,527 |
| 18 | $2,780 |
| 19 | $3,058 |
| 20 | $3,364 |
$500 for 20 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $610.10 |
| 2% | $742.97 |
| 3% | $903.06 |
| 4% | $1,096 |
| 5% | $1,327 |
| 6% | $1,604 |
| 8% | $2,330 |
| 10% | $3,364 |
| 12% | $4,823 |
| 15% | $8,183 |
| 20% | $19,169 |