$7,000 at 2.5% 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 2.5% interest, your initial investment of $7,000 will have grown to $18,795.
You will have earned $11,795 in interest.
How much will savings of $7,000 be worth in 40 years if invested at a 2.50% interest rate?
This calculator determines the future value of $7k invested for 40 years at a constant yield of 2.50% 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 $7,000 at 2.5% Interest
Year Amount
0 $7,000
1 $7,175
2 $7,354
3 $7,538
4 $7,727
5 $7,920
6 $8,118
7 $8,321
8 $8,529
9 $8,742
10 $8,961
11 $9,185
12 $9,414
13 $9,650
14 $9,891
15 $10,138
16 $10,392
17 $10,651
18 $10,918
19 $11,191
20 $11,470
21 $11,757
22 $12,051
23 $12,352
24 $12,661
25 $12,978
26 $13,302
27 $13,635
28 $13,975
29 $14,325
30 $14,683
31 $15,050
32 $15,426
33 $15,812
34 $16,207
35 $16,612
36 $17,028
37 $17,453
38 $17,890
39 $18,337
40 $18,795
$7,000 for 40 Years by Interest Rate
Rate Amount
1% $10,422
2% $15,456
3% $22,834
4% $33,607
5% $49,280
6% $72,000
8% $152,072
10% $316,815
12% $651,357
15% $1,875,045
20% $10,288,401