$15 at 2.5% Interest for 8 Years
How much money will your investment be worth if you let the interest grow?
After investing for 8 years at 2.5% interest, your initial investment of $15 will have grown to $18.28.
You will have earned $3.28 in interest.
How much will savings of $15 be worth in 8 years if invested at a 2.50% interest rate?
This calculator determines the future value of $15 invested for 8 years at a constant yield of 2.50% 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 $15 at 2.5% Interest
Year |
Amount |
0 |
$15.00 |
1 |
$15.38 |
2 |
$15.76 |
3 |
$16.15 |
4 |
$16.56 |
5 |
$16.97 |
6 |
$17.40 |
7 |
$17.83 |
8 |
$18.28 |
$15 for 8 Years by Interest Rate
Rate |
Amount |
1% |
$16.24 |
2% |
$17.57 |
3% |
$19.00 |
4% |
$20.53 |
5% |
$22.16 |
6% |
$23.91 |
8% |
$27.76 |
10% |
$32.15 |
12% |
$37.14 |
15% |
$45.89 |
20% |
$64.50 |