$9,000 at 7% 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 7% interest, your initial investment of $9,000 will have grown to $34,827.
You will have earned $25,827 in interest.
How much will savings of $9,000 be worth in 20 years if invested at a 7.00% interest rate?
This calculator determines the future value of $9k invested for 20 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 $9,000 at 7% Interest
| Year | Amount |
|---|---|
| 0 | $9,000 |
| 1 | $9,630 |
| 2 | $10,304 |
| 3 | $11,025 |
| 4 | $11,797 |
| 5 | $12,623 |
| 6 | $13,507 |
| 7 | $14,452 |
| 8 | $15,464 |
| 9 | $16,546 |
| 10 | $17,704 |
| 11 | $18,944 |
| 12 | $20,270 |
| 13 | $21,689 |
| 14 | $23,207 |
| 15 | $24,831 |
| 16 | $26,569 |
| 17 | $28,429 |
| 18 | $30,419 |
| 19 | $32,549 |
| 20 | $34,827 |
$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 |