$100,000 at 6% Interest for 8 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 8 years at 6% interest, your initial investment of $100,000 will have grown to $159,385.
You will have earned $59,385 in interest.
How much will savings of $100,000 be worth in 8 years if invested at a 6.00% interest rate?
This calculator determines the future value of $100k invested for 8 years at a constant yield of 6.00% 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 $100,000 at 6% Interest
| Year | Amount |
|---|---|
| 0 | $100,000 |
| 1 | $106,000 |
| 2 | $112,360 |
| 3 | $119,102 |
| 4 | $126,248 |
| 5 | $133,823 |
| 6 | $141,852 |
| 7 | $150,363 |
| 8 | $159,385 |
$100,000 for 8 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $108,286 |
| 2% | $117,166 |
| 3% | $126,677 |
| 4% | $136,857 |
| 5% | $147,746 |
| 6% | $159,385 |
| 8% | $185,093 |
| 10% | $214,359 |
| 12% | $247,596 |
| 15% | $305,902 |
| 20% | $429,982 |