$70,000 at 1% Interest for 5 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 5 years at 1% interest, your initial investment of $70,000 will have grown to $73,571.
You will have earned $3,571 in interest.
How much will savings of $70,000 be worth in 5 years if invested at a 1.00% interest rate?
This calculator determines the future value of $70k invested for 5 years at a constant yield of 1.00% 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 $70,000 at 1% Interest
| Year | Amount |
|---|---|
| 0 | $70,000 |
| 1 | $70,700 |
| 2 | $71,407 |
| 3 | $72,121 |
| 4 | $72,842 |
| 5 | $73,571 |
$70,000 for 5 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $73,571 |
| 2% | $77,286 |
| 3% | $81,149 |
| 4% | $85,166 |
| 5% | $89,340 |
| 6% | $93,676 |
| 8% | $102,853 |
| 10% | $112,736 |
| 12% | $123,364 |
| 15% | $140,795 |
| 20% | $174,182 |