$7 at 3.5% 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 3.5% interest, your initial investment of $7 will have grown to $27.71.
You will have earned $20.71 in interest.
How much will savings of $7 be worth in 40 years if invested at a 3.50% interest rate?
This calculator determines the future value of $7 invested for 40 years at a constant yield of 3.50% 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 3.5% Interest
Year Amount
0 $7.00
1 $7.25
2 $7.50
3 $7.76
4 $8.03
5 $8.31
6 $8.60
7 $8.91
8 $9.22
9 $9.54
10 $9.87
11 $10.22
12 $10.58
13 $10.95
14 $11.33
15 $11.73
16 $12.14
17 $12.56
18 $13.00
19 $13.46
20 $13.93
21 $14.42
22 $14.92
23 $15.44
24 $15.98
25 $16.54
26 $17.12
27 $17.72
28 $18.34
29 $18.98
30 $19.65
31 $20.34
32 $21.05
33 $21.78
34 $22.55
35 $23.34
36 $24.15
37 $25.00
38 $25.87
39 $26.78
40 $27.71
$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