$24,000 Invested for 5 Years at 4%
How much will $24,000 be worth in 5 years if you get a 4% annual return? Calculate the growth of an investment in stocks, bonds, treasuries, CDs, or a high-yield savings account.
Initial Investment
$
Yearly Deposits
$
Interest Rate
%
Years Invested
$24,000 invested with 4% annual interest
At the end of 5 years, your savings will have grown to $29,200.
You will have earned $5,200 in interest.
$24,000 at 4% for... | |
---|---|
1 years | $24,960 |
2 years | $25,958 |
3 years | $26,997 |
4 years | $28,077 |
5 years | $29,200 |
8 years | $32,846 |
10 years | $35,526 |
12 years | $38,425 |
15 years | $43,223 |
20 years | $52,587 |
30 years | $77,842 |
$24,000 for 5 years at... | |
---|---|
1% | $25,224 |
2% | $26,498 |
3% | $27,823 |
4% | $29,200 |
5% | $30,631 |
6% | $32,117 |
8% | $35,264 |
10% | $38,652 |
12% | $42,296 |
15% | $48,273 |
20% | $59,720 |