$2,000 at 7% Interest for 5 Years

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$2,000 at 7% Interest for 5 Years

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 7% interest, your $2,000 investment will have grown to $2,805

How much will savings of $2,000 be worth in 5 years if invested at a 7.00% interest rate?

This calculator determines the future value of $2k invested for 5 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.

Growth of $2,000 at 7% Interest

Year Amount
0 $2,000
1 $2,140
2 $2,290
3 $2,450
4 $2,622
5 $2,805

$2,000 for 5 Years by Interest Rate

Rate Amount
1% $2,102
2% $2,208
3% $2,319
4% $2,433
5% $2,553
6% $2,676
8% $2,939
10% $3,221
12% $3,525
15% $4,023
20% $4,977

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