$5,500 Compound Interest Calculator

How much money will $5,500 be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 10 years at 5% interest, your initial investment of $5,500 will have grown to $8,959.
You will have earned $3,459 in interest.
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 $5,500 at 5% Interest
Year Amount
0 $5,500
1 $5,775
2 $6,064
3 $6,367
4 $6,685
5 $7,020
6 $7,371
7 $7,739
8 $8,126
9 $8,532
10 $8,959
$5,500 for 10 Years by Interest Rate
Rate Amount
1% $6,075
2% $6,704
3% $7,392
4% $8,141
5% $8,959
6% $9,850
8% $11,874
10% $14,266
12% $17,082
15% $22,251
20% $34,055