$6 at 7% Interest for 30 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 30 years at 7% interest, your initial investment of $6 will have grown to $45.67.
You will have earned $39.67 in interest.
How much will savings of $6 be worth in 30 years if invested at a 7.00% interest rate?
This calculator determines the future value of $6 invested for 30 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?"
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 7% Interest
| Year | Amount |
|---|---|
| 0 | $6.00 |
| 1 | $6.42 |
| 2 | $6.87 |
| 3 | $7.35 |
| 4 | $7.86 |
| 5 | $8.42 |
| 6 | $9.00 |
| 7 | $9.63 |
| 8 | $10.31 |
| 9 | $11.03 |
| 10 | $11.80 |
| 11 | $12.63 |
| 12 | $13.51 |
| 13 | $14.46 |
| 14 | $15.47 |
| 15 | $16.55 |
| 16 | $17.71 |
| 17 | $18.95 |
| 18 | $20.28 |
| 19 | $21.70 |
| 20 | $23.22 |
| 21 | $24.84 |
| 22 | $26.58 |
| 23 | $28.44 |
| 24 | $30.43 |
| 25 | $32.56 |
| 26 | $34.84 |
| 27 | $37.28 |
| 28 | $39.89 |
| 29 | $42.69 |
| 30 | $45.67 |
$6 for 30 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $8.09 |
| 2% | $10.87 |
| 3% | $14.56 |
| 4% | $19.46 |
| 5% | $25.93 |
| 6% | $34.46 |
| 8% | $60.38 |
| 10% | $104.70 |
| 12% | $179.76 |
| 15% | $397.27 |
| 20% | $1,424 |