$750 at 6% 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 6% interest, your initial investment of $750 will have grown to $1,004.
You will have earned $254 in interest.
How much will savings of $750 be worth in 5 years if invested at a 6.00% interest rate?
This calculator determines the future value of $750 invested for 5 years at a constant yield of 6.00% 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 $750 at 6% Interest
| Year | Amount |
|---|---|
| 0 | $750.00 |
| 1 | $795.00 |
| 2 | $842.70 |
| 3 | $893.26 |
| 4 | $946.86 |
| 5 | $1,004 |
$750 for 5 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $788.26 |
| 2% | $828.06 |
| 3% | $869.46 |
| 4% | $912.49 |
| 5% | $957.21 |
| 6% | $1,004 |
| 8% | $1,102 |
| 10% | $1,208 |
| 12% | $1,322 |
| 15% | $1,509 |
| 20% | $1,866 |