$500 at 3% Interest for 40 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 40 years at 3% interest, your initial investment of $500 will have grown to $1,631.
You will have earned $1,131 in interest.
How much will savings of $500 be worth in 40 years if invested at a 3.00% interest rate?
This calculator determines the future value of $500 invested for 40 years at a constant yield of 3.00% 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 3% Interest
| Year | Amount |
|---|---|
| 0 | $500.00 |
| 1 | $515.00 |
| 2 | $530.45 |
| 3 | $546.36 |
| 4 | $562.75 |
| 5 | $579.64 |
| 6 | $597.03 |
| 7 | $614.94 |
| 8 | $633.39 |
| 9 | $652.39 |
| 10 | $671.96 |
| 11 | $692.12 |
| 12 | $712.88 |
| 13 | $734.27 |
| 14 | $756.29 |
| 15 | $778.98 |
| 16 | $802.35 |
| 17 | $826.42 |
| 18 | $851.22 |
| 19 | $876.75 |
| 20 | $903.06 |
| 21 | $930.15 |
| 22 | $958.05 |
| 23 | $986.79 |
| 24 | $1,016 |
| 25 | $1,047 |
| 26 | $1,078 |
| 27 | $1,111 |
| 28 | $1,144 |
| 29 | $1,178 |
| 30 | $1,214 |
| 31 | $1,250 |
| 32 | $1,288 |
| 33 | $1,326 |
| 34 | $1,366 |
| 35 | $1,407 |
| 36 | $1,449 |
| 37 | $1,493 |
| 38 | $1,537 |
| 39 | $1,584 |
| 40 | $1,631 |
$500 for 40 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $744.43 |
| 2% | $1,104 |
| 3% | $1,631 |
| 4% | $2,401 |
| 5% | $3,520 |
| 6% | $5,143 |
| 8% | $10,862 |
| 10% | $22,630 |
| 12% | $46,525 |
| 15% | $133,932 |
| 20% | $734,886 |