$100 at 6% Interest for 8 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 8 years at 6% interest, your initial investment of $100 will have grown to $159.38.
You will have earned $59.38 in interest.
How much will savings of $100 be worth in 8 years if invested at a 6.00% interest rate?
This calculator determines the future value of $100 invested for 8 years at a constant yield of 6.00% 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 $100 at 6% Interest
| Year | Amount |
|---|---|
| 0 | $100.00 |
| 1 | $106.00 |
| 2 | $112.36 |
| 3 | $119.10 |
| 4 | $126.25 |
| 5 | $133.82 |
| 6 | $141.85 |
| 7 | $150.36 |
| 8 | $159.38 |
$100 for 8 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $108.29 |
| 2% | $117.17 |
| 3% | $126.68 |
| 4% | $136.86 |
| 5% | $147.75 |
| 6% | $159.38 |
| 8% | $185.09 |
| 10% | $214.36 |
| 12% | $247.60 |
| 15% | $305.90 |
| 20% | $429.98 |