$10,000 at 8% Interest for 20 Years
How much money will your investment be worth if you let the interest grow?
After investing for 20 years at 8% interest, your initial investment of $10,000 will have grown to $46,610.
You will have earned $36,610 in interest.
How much will savings of $10,000 be worth in 20 years if invested at a 8.00% interest rate?
This calculator determines the future value of $10k invested for 20 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 |
16 |
$34,259 |
17 |
$37,000 |
18 |
$39,960 |
19 |
$43,157 |
20 |
$46,610 |
$10,000 for 20 Years by Interest Rate
Rate |
Amount |
1% |
$12,202 |
2% |
$14,859 |
3% |
$18,061 |
4% |
$21,911 |
5% |
$26,533 |
6% |
$32,071 |
8% |
$46,610 |
10% |
$67,275 |
12% |
$96,463 |
15% |
$163,665 |
20% |
$383,376 |