$5,000 at 6% 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 6% interest, your initial investment of $5,000 will have grown to $16,036.
You will have earned $11,036 in interest.
How much will savings of $5,000 be worth in 20 years if invested at a 6.00% interest rate?
This calculator determines the future value of $5k invested for 20 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 |
| 16 | $12,702 |
| 17 | $13,464 |
| 18 | $14,272 |
| 19 | $15,128 |
| 20 | $16,036 |
$5,000 for 20 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $6,101 |
| 2% | $7,430 |
| 3% | $9,031 |
| 4% | $10,956 |
| 5% | $13,266 |
| 6% | $16,036 |
| 8% | $23,305 |
| 10% | $33,637 |
| 12% | $48,231 |
| 15% | $81,833 |
| 20% | $191,688 |