$5,000 at 7% Interest for 20 Years
How much money will your investment be worth if you let the interest grow?
After investing for 20 years at 7% interest, your initial investment of $5,000 will have grown to $19,348.
You will have earned $14,348 in interest.
How much will savings of $5,000 be worth in 20 years if invested at a 7.00% interest rate?
This calculator determines the future value of $5k invested for 20 years at a constant yield of 7.00% 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 $5,000 at 7% Interest
Year |
Amount |
0 |
$5,000 |
1 |
$5,350 |
2 |
$5,725 |
3 |
$6,125 |
4 |
$6,554 |
5 |
$7,013 |
6 |
$7,504 |
7 |
$8,029 |
8 |
$8,591 |
9 |
$9,192 |
10 |
$9,836 |
11 |
$10,524 |
12 |
$11,261 |
13 |
$12,049 |
14 |
$12,893 |
15 |
$13,795 |
16 |
$14,761 |
17 |
$15,794 |
18 |
$16,900 |
19 |
$18,083 |
20 |
$19,348 |
$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 |