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 9% interest, your initial investment of $12,000 will have grown to $18,463.

You will have earned $6,463 in interest.

How much will savings of $12,000 be worth in 5 years if invested at a 9.00% interest rate?

This calculator determines the future value of $12k invested for 5 years at a constant yield of 9.00% 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 $12,000 at 9% Interest

Year | Amount |
---|---|

0 | $12,000 |

1 | $13,080 |

2 | $14,257 |

3 | $15,540 |

4 | $16,939 |

5 | $18,463 |

$12,000 for 5 Years by Interest Rate

Rate | Amount |
---|---|

1% | $12,612 |

2% | $13,249 |

3% | $13,911 |

4% | $14,600 |

5% | $15,315 |

6% | $16,059 |

8% | $17,632 |

10% | $19,326 |

12% | $21,148 |

15% | $24,136 |

20% | $29,860 |