$7 at 9% Interest for 20 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 20 years at 9% interest, your initial investment of $7 will have grown to $39.23.
You will have earned $32.23 in interest.
How much will savings of $7 be worth in 20 years if invested at a 9.00% interest rate?
This calculator determines the future value of $7 invested for 20 years at a constant yield of 9.00% 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 9% Interest
| Year | Amount |
|---|---|
| 0 | $7.00 |
| 1 | $7.63 |
| 2 | $8.32 |
| 3 | $9.07 |
| 4 | $9.88 |
| 5 | $10.77 |
| 6 | $11.74 |
| 7 | $12.80 |
| 8 | $13.95 |
| 9 | $15.20 |
| 10 | $16.57 |
| 11 | $18.06 |
| 12 | $19.69 |
| 13 | $21.46 |
| 14 | $23.39 |
| 15 | $25.50 |
| 16 | $27.79 |
| 17 | $30.29 |
| 18 | $33.02 |
| 19 | $35.99 |
| 20 | $39.23 |
$7 for 20 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $8.54 |
| 2% | $10.40 |
| 3% | $12.64 |
| 4% | $15.34 |
| 5% | $18.57 |
| 6% | $22.45 |
| 8% | $32.63 |
| 10% | $47.09 |
| 12% | $67.52 |
| 15% | $114.57 |
| 20% | $268.36 |