Interest Earned on $1,000,000 Savings Account

How much interest will you earn on $1,000,000 in savings?
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About
This calculates the interest earned on an investment. Enter the investment amount and the interest rate. This is typically for a bond or CD. Try the compound interest calculator to see how an investment will grow over time with compounding.
About High Yield Savings Accounts
Interest earned from a high yield savings account can add up over time. Many banks pay close to 0% interest. However, CD yields and high interest savings accounts can pay much higher. See below how an investment can grow over time.
Value of a 1,000,000 Dollar Savings Account Over Time Based on a 5% Percent Interest Rate With Interest Reinvestment
Year Starting Value Interest Earned Value of Account
Year 1 $1,000,000 $50,000 $1,050,000
Year 2 $1,050,000 $52,500 $1,102,500
Year 3 $1,102,500 $55,125 $1,157,625
Year 4 $1,157,625 $57,881 $1,215,506
Year 5 $1,215,506 $60,775 $1,276,282
Year 10 $1,551,328 $77,566 $1,628,895
Year 15 $1,979,932 $98,997 $2,078,928
Year 20 $2,526,950 $126,348 $2,653,298
Year 25 $3,225,100 $161,255 $3,386,355
Year 30 $4,116,136 $205,807 $4,321,942
Year 35 $5,253,348 $262,667 $5,516,015
Year 40 $6,704,751 $335,238 $7,039,989
Year 45 $8,557,150 $427,858 $8,985,008
Year 50 $10,921,333 $546,067 $11,467,400
Annual Interest Earned Based on Investment Amount at 5% Annual Interest
Amount Interest Earned After 1 Year
Interest Earned on $1,010,000 at 5% $50,500
Interest Earned on $1,020,000 at 5% $51,000
Interest Earned on $1,030,000 at 5% $51,500
Interest Earned on $1,040,000 at 5% $52,000
Interest Earned on $1,050,000 at 5% $52,500
Interest Earned on $1,060,000 at 5% $53,000
Interest Earned on $1,070,000 at 5% $53,500
Interest Earned on $1,080,000 at 5% $54,000
Interest Earned on $1,090,000 at 5% $54,500
Interest Earned on $1,100,000 at 5% $55,000
Interest Earned on $1,110,000 at 5% $55,500
Interest Earned on $1,120,000 at 5% $56,000
Interest Earned on $1,130,000 at 5% $56,500
Interest Earned on $1,140,000 at 5% $57,000
Interest Earned on $1,150,000 at 5% $57,500
Interest Earned on $1,160,000 at 5% $58,000
Interest Earned on $1,170,000 at 5% $58,500
Interest Earned on $1,180,000 at 5% $59,000
Interest Earned on $1,190,000 at 5% $59,500
Interest Earned on $1,200,000 at 5% $60,000
Interest Earned on $1,210,000 at 5% $60,500
Interest Earned on $1,220,000 at 5% $61,000
Interest Earned on $1,230,000 at 5% $61,500
Interest Earned on $1,240,000 at 5% $62,000
Interest Earned on $1,250,000 at 5% $62,500
Amount Interest Earned After 1 Year
Interest Earned on $1,260,000 at 5% $63,000
Interest Earned on $1,270,000 at 5% $63,500
Interest Earned on $1,280,000 at 5% $64,000
Interest Earned on $1,290,000 at 5% $64,500
Interest Earned on $1,300,000 at 5% $65,000
Interest Earned on $1,310,000 at 5% $65,500
Interest Earned on $1,320,000 at 5% $66,000
Interest Earned on $1,330,000 at 5% $66,500
Interest Earned on $1,340,000 at 5% $67,000
Interest Earned on $1,350,000 at 5% $67,500
Interest Earned on $1,360,000 at 5% $68,000
Interest Earned on $1,370,000 at 5% $68,500
Interest Earned on $1,380,000 at 5% $69,000
Interest Earned on $1,390,000 at 5% $69,500
Interest Earned on $1,400,000 at 5% $70,000
Interest Earned on $1,410,000 at 5% $70,500
Interest Earned on $1,420,000 at 5% $71,000
Interest Earned on $1,430,000 at 5% $71,500
Interest Earned on $1,440,000 at 5% $72,000
Interest Earned on $1,450,000 at 5% $72,500
Interest Earned on $1,460,000 at 5% $73,000
Interest Earned on $1,470,000 at 5% $73,500
Interest Earned on $1,480,000 at 5% $74,000
Interest Earned on $1,490,000 at 5% $74,500
Interest Earned on $1,500,000 at 5% $75,000