$15 at 8% Interest for 40 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 40 years at 8% interest, your initial investment of $15 will have grown to $325.87.
You will have earned $310.87 in interest.
How much will savings of $15 be worth in 40 years if invested at a 8.00% interest rate?
This calculator determines the future value of $15 invested for 40 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?"
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 $15 at 8% Interest
| Year | Amount |
|---|---|
| 0 | $15.00 |
| 1 | $16.20 |
| 2 | $17.50 |
| 3 | $18.90 |
| 4 | $20.41 |
| 5 | $22.04 |
| 6 | $23.80 |
| 7 | $25.71 |
| 8 | $27.76 |
| 9 | $29.99 |
| 10 | $32.38 |
| 11 | $34.97 |
| 12 | $37.77 |
| 13 | $40.79 |
| 14 | $44.06 |
| 15 | $47.58 |
| 16 | $51.39 |
| 17 | $55.50 |
| 18 | $59.94 |
| 19 | $64.74 |
| 20 | $69.91 |
| 21 | $75.51 |
| 22 | $81.55 |
| 23 | $88.07 |
| 24 | $95.12 |
| 25 | $102.73 |
| 26 | $110.95 |
| 27 | $119.82 |
| 28 | $129.41 |
| 29 | $139.76 |
| 30 | $150.94 |
| 31 | $163.02 |
| 32 | $176.06 |
| 33 | $190.14 |
| 34 | $205.35 |
| 35 | $221.78 |
| 36 | $239.52 |
| 37 | $258.68 |
| 38 | $279.38 |
| 39 | $301.73 |
| 40 | $325.87 |
$15 for 40 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $22.33 |
| 2% | $33.12 |
| 3% | $48.93 |
| 4% | $72.02 |
| 5% | $105.60 |
| 6% | $154.29 |
| 8% | $325.87 |
| 10% | $678.89 |
| 12% | $1,396 |
| 15% | $4,018 |
| 20% | $22,047 |