$5,000 at 6% Interest for 15 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 15 years at 6% interest, your initial investment of $5,000 will have grown to $11,983.
You will have earned $6,983 in interest.
How much will savings of $5,000 be worth in 15 years if invested at a 6.00% interest rate?
This calculator determines the future value of $5k invested for 15 years at a constant yield of 6.00% 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 $5,000 at 6% Interest
| Year | Amount |
|---|---|
| 0 | $5,000 |
| 1 | $5,300 |
| 2 | $5,618 |
| 3 | $5,955 |
| 4 | $6,312 |
| 5 | $6,691 |
| 6 | $7,093 |
| 7 | $7,518 |
| 8 | $7,969 |
| 9 | $8,447 |
| 10 | $8,954 |
| 11 | $9,491 |
| 12 | $10,061 |
| 13 | $10,665 |
| 14 | $11,305 |
| 15 | $11,983 |
$5,000 for 15 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $5,805 |
| 2% | $6,729 |
| 3% | $7,790 |
| 4% | $9,005 |
| 5% | $10,395 |
| 6% | $11,983 |
| 8% | $15,861 |
| 10% | $20,886 |
| 12% | $27,368 |
| 15% | $40,685 |
| 20% | $77,035 |