$100 at 8% Interest for 15 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 15 years at 8% interest, your initial investment of $100 will have grown to $317.22.
You will have earned $217.22 in interest.
How much will savings of $100 be worth in 15 years if invested at a 8.00% interest rate?
This calculator determines the future value of $100 invested for 15 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 $100 at 8% Interest
| Year | Amount |
|---|---|
| 0 | $100.00 |
| 1 | $108.00 |
| 2 | $116.64 |
| 3 | $125.97 |
| 4 | $136.05 |
| 5 | $146.93 |
| 6 | $158.69 |
| 7 | $171.38 |
| 8 | $185.09 |
| 9 | $199.90 |
| 10 | $215.89 |
| 11 | $233.16 |
| 12 | $251.82 |
| 13 | $271.96 |
| 14 | $293.72 |
| 15 | $317.22 |
$100 for 15 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $116.10 |
| 2% | $134.59 |
| 3% | $155.80 |
| 4% | $180.09 |
| 5% | $207.89 |
| 6% | $239.66 |
| 8% | $317.22 |
| 10% | $417.72 |
| 12% | $547.36 |
| 15% | $813.71 |
| 20% | $1,541 |