$500 at 4% Interest for 20 Years
How much money will your investment be worth if you let the interest grow?
After investing for 20 years at 4% interest, your initial investment of $500 will have grown to $1,096.
You will have earned $596 in interest.
How much will savings of $500 be worth in 20 years if invested at a 4.00% interest rate?
This calculator determines the future value of $500 invested for 20 years at a constant yield of 4.00% 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 4% Interest
Year |
Amount |
0 |
$500.00 |
1 |
$520.00 |
2 |
$540.80 |
3 |
$562.43 |
4 |
$584.93 |
5 |
$608.33 |
6 |
$632.66 |
7 |
$657.97 |
8 |
$684.28 |
9 |
$711.66 |
10 |
$740.12 |
11 |
$769.73 |
12 |
$800.52 |
13 |
$832.54 |
14 |
$865.84 |
15 |
$900.47 |
16 |
$936.49 |
17 |
$973.95 |
18 |
$1,013 |
19 |
$1,053 |
20 |
$1,096 |
$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 |