$15,000 at 8% Interest for 30 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 30 years at 8% interest, your initial investment of $15,000 will have grown to $150,940.
You will have earned $135,940 in interest.
How much will savings of $15,000 be worth in 30 years if invested at a 8.00% interest rate?
This calculator determines the future value of $15k invested for 30 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 $15,000 at 8% Interest
| Year | Amount |
|---|---|
| 0 | $15,000 |
| 1 | $16,200 |
| 2 | $17,496 |
| 3 | $18,896 |
| 4 | $20,407 |
| 5 | $22,040 |
| 6 | $23,803 |
| 7 | $25,707 |
| 8 | $27,764 |
| 9 | $29,985 |
| 10 | $32,384 |
| 11 | $34,975 |
| 12 | $37,773 |
| 13 | $40,794 |
| 14 | $44,058 |
| 15 | $47,583 |
| 16 | $51,389 |
| 17 | $55,500 |
| 18 | $59,940 |
| 19 | $64,736 |
| 20 | $69,914 |
| 21 | $75,508 |
| 22 | $81,548 |
| 23 | $88,072 |
| 24 | $95,118 |
| 25 | $102,727 |
| 26 | $110,945 |
| 27 | $119,821 |
| 28 | $129,407 |
| 29 | $139,759 |
| 30 | $150,940 |
$15,000 for 30 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $20,218 |
| 2% | $27,170 |
| 3% | $36,409 |
| 4% | $48,651 |
| 5% | $64,829 |
| 6% | $86,152 |
| 8% | $150,940 |
| 10% | $261,741 |
| 12% | $449,399 |
| 15% | $993,177 |
| 20% | $3,560,645 |