$6,000 at 6% Interest for 15 Years
How much money will your investment be worth if you let the interest grow?
After investing for 15 years at 6% interest, your initial investment of $6,000 will have grown to $14,379.
You will have earned $8,379 in interest.
How much will savings of $6,000 be worth in 15 years if invested at a 6.00% interest rate?
This calculator determines the future value of $6k invested for 15 years at a constant yield of 6.00% 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 $6,000 at 6% Interest
Year |
Amount |
0 |
$6,000 |
1 |
$6,360 |
2 |
$6,742 |
3 |
$7,146 |
4 |
$7,575 |
5 |
$8,029 |
6 |
$8,511 |
7 |
$9,022 |
8 |
$9,563 |
9 |
$10,137 |
10 |
$10,745 |
11 |
$11,390 |
12 |
$12,073 |
13 |
$12,798 |
14 |
$13,565 |
15 |
$14,379 |
$6,000 for 15 Years by Interest Rate
Rate |
Amount |
1% |
$6,966 |
2% |
$8,075 |
3% |
$9,348 |
4% |
$10,806 |
5% |
$12,474 |
6% |
$14,379 |
8% |
$19,033 |
10% |
$25,063 |
12% |
$32,841 |
15% |
$48,822 |
20% |
$92,442 |