$150 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 $150 will have grown to $239.08.
You will have earned $89.08 in interest.
How much will savings of $150 be worth in 8 years if invested at a 6.00% interest rate?
This calculator determines the future value of $150 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 $150 at 6% Interest
| Year | Amount |
|---|---|
| 0 | $150.00 |
| 1 | $159.00 |
| 2 | $168.54 |
| 3 | $178.65 |
| 4 | $189.37 |
| 5 | $200.73 |
| 6 | $212.78 |
| 7 | $225.54 |
| 8 | $239.08 |
$150 for 8 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $162.43 |
| 2% | $175.75 |
| 3% | $190.02 |
| 4% | $205.29 |
| 5% | $221.62 |
| 6% | $239.08 |
| 8% | $277.64 |
| 10% | $321.54 |
| 12% | $371.39 |
| 15% | $458.85 |
| 20% | $644.97 |