$100,000 at 7% 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 7% interest, your initial investment of $100,000 will have grown to $171,819.
You will have earned $71,819 in interest.
How much will savings of $100,000 be worth in 8 years if invested at a 7.00% interest rate?
This calculator determines the future value of $100k invested for 8 years at a constant yield of 7.00% 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 7% Interest
| Year | Amount |
|---|---|
| 0 | $100,000 |
| 1 | $107,000 |
| 2 | $114,490 |
| 3 | $122,504 |
| 4 | $131,080 |
| 5 | $140,255 |
| 6 | $150,073 |
| 7 | $160,578 |
| 8 | $171,819 |
$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 |