$10,000 at 8% Interest for 10 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 10 years at 8% interest, your initial investment of $10,000 will have grown to $21,589.
You will have earned $11,589 in interest.
How much will savings of $10,000 be worth in 10 years if invested at a 8.00% interest rate?
This calculator determines the future value of $10k invested for 10 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 $10,000 at 8% Interest
| Year | Amount |
|---|---|
| 0 | $10,000 |
| 1 | $10,800 |
| 2 | $11,664 |
| 3 | $12,597 |
| 4 | $13,605 |
| 5 | $14,693 |
| 6 | $15,869 |
| 7 | $17,138 |
| 8 | $18,509 |
| 9 | $19,990 |
| 10 | $21,589 |
$10,000 for 10 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $11,046 |
| 2% | $12,190 |
| 3% | $13,439 |
| 4% | $14,802 |
| 5% | $16,289 |
| 6% | $17,908 |
| 8% | $21,589 |
| 10% | $25,937 |
| 12% | $31,058 |
| 15% | $40,456 |
| 20% | $61,917 |