$7 at 5% interest for 40 years

How much money will your investment be worth if you let the interest grow?
$
%
After investing for 40 years at 5% interest, your $7 investment will have grown to $49.28

How much will savings of $7 be worth in 40 years if invested at a 5.00% interest rate?

This calculator determines the future value of $7 invested for 40 years at a constant yield of 5.00% 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.
Growth of $7 at 5% Interest
Year Amount
0 $7.00
1 $7.35
2 $7.72
3 $8.10
4 $8.51
5 $8.93
6 $9.38
7 $9.85
8 $10.34
9 $10.86
10 $11.40
11 $11.97
12 $12.57
13 $13.20
14 $13.86
15 $14.55
16 $15.28
17 $16.04
18 $16.85
19 $17.69
20 $18.57
21 $19.50
22 $20.48
23 $21.50
24 $22.58
25 $23.70
26 $24.89
27 $26.13
28 $27.44
29 $28.81
30 $30.25
31 $31.77
32 $33.35
33 $35.02
34 $36.77
35 $38.61
36 $40.54
37 $42.57
38 $44.70
39 $46.93
40 $49.28
$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
Do you have an idea for a simple online tool that would be useful for you or your business?
Please let us know!