$500,000 at 2% 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 2% interest, your initial investment of $500,000 will have grown to $672,934.
You will have earned $172,934 in interest.
How much will savings of $500,000 be worth in 15 years if invested at a 2.00% interest rate?
This calculator determines the future value of $500k invested for 15 years at a constant yield of 2.00% 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 $500,000 at 2% Interest
| Year | Amount |
|---|---|
| 0 | $500,000 |
| 1 | $510,000 |
| 2 | $520,200 |
| 3 | $530,604 |
| 4 | $541,216 |
| 5 | $552,040 |
| 6 | $563,081 |
| 7 | $574,343 |
| 8 | $585,830 |
| 9 | $597,546 |
| 10 | $609,497 |
| 11 | $621,687 |
| 12 | $634,121 |
| 13 | $646,803 |
| 14 | $659,739 |
| 15 | $672,934 |
$500,000 for 15 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $580,484 |
| 2% | $672,934 |
| 3% | $778,984 |
| 4% | $900,472 |
| 5% | $1,039,464 |
| 6% | $1,198,279 |
| 8% | $1,586,085 |
| 10% | $2,088,624 |
| 12% | $2,736,783 |
| 15% | $4,068,531 |
| 20% | $7,703,511 |