$1 at 8% Interest for 40 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 40 years at 8% interest, your initial investment of $1 will have grown to $21.72.
You will have earned $20.72 in interest.
How much will savings of $1 be worth in 40 years if invested at a 8.00% interest rate?
This calculator determines the future value of $1 invested for 40 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?"
According to Snopes, the answer is probably not.
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 |
| 31 | $10.87 |
| 32 | $11.74 |
| 33 | $12.68 |
| 34 | $13.69 |
| 35 | $14.79 |
| 36 | $15.97 |
| 37 | $17.25 |
| 38 | $18.63 |
| 39 | $20.12 |
| 40 | $21.72 |
$1 for 40 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $1.49 |
| 2% | $2.21 |
| 3% | $3.26 |
| 4% | $4.80 |
| 5% | $7.04 |
| 6% | $10.29 |
| 8% | $21.72 |
| 10% | $45.26 |
| 12% | $93.05 |
| 15% | $267.86 |
| 20% | $1,470 |