$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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