$950 at 1% Interest for 40 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 40 years at 1% interest, your initial investment of $950 will have grown to $1,414.
You will have earned $464 in interest.
How much will savings of $950 be worth in 40 years if invested at a 1.00% interest rate?
This calculator determines the future value of $950 invested for 40 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 $950 at 1% Interest
| Year | Amount |
|---|---|
| 0 | $950.00 |
| 1 | $959.50 |
| 2 | $969.10 |
| 3 | $978.79 |
| 4 | $988.57 |
| 5 | $998.46 |
| 6 | $1,008 |
| 7 | $1,019 |
| 8 | $1,029 |
| 9 | $1,039 |
| 10 | $1,049 |
| 11 | $1,060 |
| 12 | $1,070 |
| 13 | $1,081 |
| 14 | $1,092 |
| 15 | $1,103 |
| 16 | $1,114 |
| 17 | $1,125 |
| 18 | $1,136 |
| 19 | $1,148 |
| 20 | $1,159 |
| 21 | $1,171 |
| 22 | $1,182 |
| 23 | $1,194 |
| 24 | $1,206 |
| 25 | $1,218 |
| 26 | $1,230 |
| 27 | $1,243 |
| 28 | $1,255 |
| 29 | $1,268 |
| 30 | $1,280 |
| 31 | $1,293 |
| 32 | $1,306 |
| 33 | $1,319 |
| 34 | $1,332 |
| 35 | $1,346 |
| 36 | $1,359 |
| 37 | $1,373 |
| 38 | $1,387 |
| 39 | $1,400 |
| 40 | $1,414 |
$950 for 40 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $1,414 |
| 2% | $2,098 |
| 3% | $3,099 |
| 4% | $4,561 |
| 5% | $6,688 |
| 6% | $9,771 |
| 8% | $20,638 |
| 10% | $42,996 |
| 12% | $88,398 |
| 15% | $254,470 |
| 20% | $1,396,283 |