$1 at 8% Interest for 30 Years
How much money will your investment be worth if you let the interest grow?
After investing for 30 years at 8% interest, your initial investment of $1 will have grown to $10.06.
You will have earned $9.06 in interest.
How much will savings of $1 be worth in 30 years if invested at a 8.00% interest rate?
This calculator determines the future value of $1 invested for 30 years at a constant yield of 8.00% compounded annually.
Did Albert Einstein really say "Compound interest is the most powerful force in the universe?"
Nevertheless, investing money consistently over a long period of time has made many people very rich.
Growth of $1 at 8% Interest
Year |
Amount |
0 |
$1.00 |
1 |
$1.08 |
2 |
$1.17 |
3 |
$1.26 |
4 |
$1.36 |
5 |
$1.47 |
6 |
$1.59 |
7 |
$1.71 |
8 |
$1.85 |
9 |
$2.00 |
10 |
$2.16 |
11 |
$2.33 |
12 |
$2.52 |
13 |
$2.72 |
14 |
$2.94 |
15 |
$3.17 |
16 |
$3.43 |
17 |
$3.70 |
18 |
$4.00 |
19 |
$4.32 |
20 |
$4.66 |
21 |
$5.03 |
22 |
$5.44 |
23 |
$5.87 |
24 |
$6.34 |
25 |
$6.85 |
26 |
$7.40 |
27 |
$7.99 |
28 |
$8.63 |
29 |
$9.32 |
30 |
$10.06 |
$1 for 30 Years by Interest Rate
Rate |
Amount |
1% |
$1.35 |
2% |
$1.81 |
3% |
$2.43 |
4% |
$3.24 |
5% |
$4.32 |
6% |
$5.74 |
8% |
$10.06 |
10% |
$17.45 |
12% |
$29.96 |
15% |
$66.21 |
20% |
$237.38 |