$900 at 7% Interest for 15 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 15 years at 7% interest, your initial investment of $900 will have grown to $2,483.
You will have earned $1,583 in interest.
How much will savings of $900 be worth in 15 years if invested at a 7.00% interest rate?
This calculator determines the future value of $900 invested for 15 years at a constant yield of 7.00% 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 $900 at 7% Interest
| Year | Amount |
|---|---|
| 0 | $900.00 |
| 1 | $963.00 |
| 2 | $1,030 |
| 3 | $1,103 |
| 4 | $1,180 |
| 5 | $1,262 |
| 6 | $1,351 |
| 7 | $1,445 |
| 8 | $1,546 |
| 9 | $1,655 |
| 10 | $1,770 |
| 11 | $1,894 |
| 12 | $2,027 |
| 13 | $2,169 |
| 14 | $2,321 |
| 15 | $2,483 |
$900 for 15 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $1,045 |
| 2% | $1,211 |
| 3% | $1,402 |
| 4% | $1,621 |
| 5% | $1,871 |
| 6% | $2,157 |
| 8% | $2,855 |
| 10% | $3,760 |
| 12% | $4,926 |
| 15% | $7,323 |
| 20% | $13,866 |