$6 at 12% Interest for 12 Years

How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 12 years at 12% interest, your initial investment of $6 will have grown to $23.38.
You will have earned $17.38 in interest.
How much will savings of $6 be worth in 12 years if invested at a 12.00% interest rate?
This calculator determines the future value of $6 invested for 12 years at a constant yield of 12.00% 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 $6 at 12% Interest
Year Amount
0 $6.00
1 $6.72
2 $7.53
3 $8.43
4 $9.44
5 $10.57
6 $11.84
7 $13.26
8 $14.86
9 $16.64
10 $18.64
11 $20.87
12 $23.38
$6 for 12 Years by Interest Rate
Rate Amount
1% $6.76
2% $7.61
3% $8.55
4% $9.61
5% $10.78
6% $12.07
8% $15.11
10% $18.83
12% $23.38
15% $32.10
20% $53.50