$500 at 9% 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 9% interest, your initial investment of $500 will have grown to $15,705.
You will have earned $15,205 in interest.
How much will savings of $500 be worth in 40 years if invested at a 9.00% interest rate?
This calculator determines the future value of $500 invested for 40 years at a constant yield of 9.00% 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 9% Interest
| Year | Amount |
|---|---|
| 0 | $500.00 |
| 1 | $545.00 |
| 2 | $594.05 |
| 3 | $647.51 |
| 4 | $705.79 |
| 5 | $769.31 |
| 6 | $838.55 |
| 7 | $914.02 |
| 8 | $996.28 |
| 9 | $1,086 |
| 10 | $1,184 |
| 11 | $1,290 |
| 12 | $1,406 |
| 13 | $1,533 |
| 14 | $1,671 |
| 15 | $1,821 |
| 16 | $1,985 |
| 17 | $2,164 |
| 18 | $2,359 |
| 19 | $2,571 |
| 20 | $2,802 |
| 21 | $3,054 |
| 22 | $3,329 |
| 23 | $3,629 |
| 24 | $3,956 |
| 25 | $4,312 |
| 26 | $4,700 |
| 27 | $5,123 |
| 28 | $5,584 |
| 29 | $6,086 |
| 30 | $6,634 |
| 31 | $7,231 |
| 32 | $7,882 |
| 33 | $8,591 |
| 34 | $9,364 |
| 35 | $10,207 |
| 36 | $11,126 |
| 37 | $12,127 |
| 38 | $13,218 |
| 39 | $14,408 |
| 40 | $15,705 |
$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 |