$10,000 at 8% Interest for 15 Years
How much money will your investment be worth if you let the interest grow?
After investing for 15 years at 8% interest, your initial investment of $10,000 will have grown to $31,722.
You will have earned $21,722 in interest.
How much will savings of $10,000 be worth in 15 years if invested at a 8.00% interest rate?
This calculator determines the future value of $10k 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?"
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 |
11 |
$23,316 |
12 |
$25,182 |
13 |
$27,196 |
14 |
$29,372 |
15 |
$31,722 |
$10,000 for 15 Years by Interest Rate
Rate |
Amount |
1% |
$11,610 |
2% |
$13,459 |
3% |
$15,580 |
4% |
$18,009 |
5% |
$20,789 |
6% |
$23,966 |
8% |
$31,722 |
10% |
$41,772 |
12% |
$54,736 |
15% |
$81,371 |
20% |
$154,070 |