$7 at 1% Interest for 30 Years
How much money will your investment be worth if you let the interest grow?
After investing for 30 years at 1% interest, your initial investment of $7 will have grown to $9.43.
You will have earned $2.43 in interest.
How much will savings of $7 be worth in 30 years if invested at a 1.00% interest rate?
This calculator determines the future value of $7 invested for 30 years at a constant yield of 1.00% 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 $7 at 1% Interest
Year |
Amount |
0 |
$7.00 |
1 |
$7.07 |
2 |
$7.14 |
3 |
$7.21 |
4 |
$7.28 |
5 |
$7.36 |
6 |
$7.43 |
7 |
$7.50 |
8 |
$7.58 |
9 |
$7.66 |
10 |
$7.73 |
11 |
$7.81 |
12 |
$7.89 |
13 |
$7.97 |
14 |
$8.05 |
15 |
$8.13 |
16 |
$8.21 |
17 |
$8.29 |
18 |
$8.37 |
19 |
$8.46 |
20 |
$8.54 |
21 |
$8.63 |
22 |
$8.71 |
23 |
$8.80 |
24 |
$8.89 |
25 |
$8.98 |
26 |
$9.07 |
27 |
$9.16 |
28 |
$9.25 |
29 |
$9.34 |
30 |
$9.43 |
$7 for 30 Years by Interest Rate
Rate |
Amount |
1% |
$9.43 |
2% |
$12.68 |
3% |
$16.99 |
4% |
$22.70 |
5% |
$30.25 |
6% |
$40.20 |
8% |
$70.44 |
10% |
$122.15 |
12% |
$209.72 |
15% |
$463.48 |
20% |
$1,662 |