How Much Would $500 Invested at 6 Yield?
The question, “How much would $500 invested at 6 yield?” There are many answers. First, we can estimate the annual rate by computing the difference between the initial balance and the final balance of the account. If we assume a 6.0% annual rate, $500 will yield $600 if it is invested over 6 years. Next, we can calculate the final balance, using a constant r. If we invest $500 at 6 years and assume that the interest rate is 6% per year, then the future value of $0.5k will be $1,300.
If you invested that same amount in an exchange-traded fund, you could see your money more than triple in a short time. The S&P 500 is the primary benchmark of U.S. large-cap companies. An ETF that tracks the S&P 500 will be worth $1710 or $2433% of its original price if $500 was invested in December 2009. The fastest-growing market sector is the FAANG group.