$9,000 at 2% 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 2% interest, your initial investment of $9,000 will have grown to $13,374.
You will have earned $4,374 in interest.
How much will savings of $9,000 be worth in 20 years if invested at a 2.00% interest rate?
This calculator determines the future value of $9k invested for 20 years at a constant yield of 2.00% 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 $9,000 at 2% Interest
| Year | Amount |
|---|---|
| 0 | $9,000 |
| 1 | $9,180 |
| 2 | $9,364 |
| 3 | $9,551 |
| 4 | $9,742 |
| 5 | $9,937 |
| 6 | $10,135 |
| 7 | $10,338 |
| 8 | $10,545 |
| 9 | $10,756 |
| 10 | $10,971 |
| 11 | $11,190 |
| 12 | $11,414 |
| 13 | $11,642 |
| 14 | $11,875 |
| 15 | $12,113 |
| 16 | $12,355 |
| 17 | $12,602 |
| 18 | $12,854 |
| 19 | $13,111 |
| 20 | $13,374 |
$9,000 for 20 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $10,982 |
| 2% | $13,374 |
| 3% | $16,255 |
| 4% | $19,720 |
| 5% | $23,880 |
| 6% | $28,864 |
| 8% | $41,949 |
| 10% | $60,547 |
| 12% | $86,817 |
| 15% | $147,299 |
| 20% | $345,038 |