$100 at 9% Interest for 8 Years
How much money will your investment be worth if you let the interest grow?
After investing for 8 years at 9% interest, your initial investment of $100 will have grown to $199.26.
You will have earned $99.26 in interest.
How much will savings of $100 be worth in 8 years if invested at a 9.00% interest rate?
This calculator determines the future value of $100 invested for 8 years at a constant yield of 9.00% 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 $100 at 9% Interest
Year |
Amount |
0 |
$100.00 |
1 |
$109.00 |
2 |
$118.81 |
3 |
$129.50 |
4 |
$141.16 |
5 |
$153.86 |
6 |
$167.71 |
7 |
$182.80 |
8 |
$199.26 |
$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 |