$7 at 12% Interest for 40 Years

How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 40 years at 12% interest, your initial investment of $7 will have grown to $651.36.
You will have earned $644.36 in interest.
How much will savings of $7 be worth in 40 years if invested at a 12.00% interest rate?
This calculator determines the future value of $7 invested for 40 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 $7 at 12% Interest
Year Amount
0 $7.00
1 $7.84
2 $8.78
3 $9.83
4 $11.01
5 $12.34
6 $13.82
7 $15.47
8 $17.33
9 $19.41
10 $21.74
11 $24.35
12 $27.27
13 $30.54
14 $34.21
15 $38.31
16 $42.91
17 $48.06
18 $53.83
19 $60.29
20 $67.52
21 $75.63
22 $84.70
23 $94.87
24 $106.25
25 $119.00
26 $133.28
27 $149.27
28 $167.19
29 $187.25
30 $209.72
31 $234.89
32 $263.07
33 $294.64
34 $330.00
35 $369.60
36 $413.95
37 $463.62
38 $519.26
39 $581.57
40 $651.36
$7 for 40 Years by Interest Rate
Rate Amount
1% $10.42
2% $15.46
3% $22.83
4% $33.61
5% $49.28
6% $72.00
8% $152.07
10% $316.81
12% $651.36
15% $1,875
20% $10,288