$2 at 8% Interest for 30 Years
How much money will your investment be worth if you let the interest grow?
After investing for 30 years at 8% interest, your initial investment of $2 will have grown to $20.13.
You will have earned $18.13 in interest.
How much will savings of $2 be worth in 30 years if invested at a 8.00% interest rate?
This calculator determines the future value of $2 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?"
Nevertheless, investing money consistently over a long period of time has made many people very rich.
Growth of $2 at 8% Interest
Year |
Amount |
0 |
$2.00 |
1 |
$2.16 |
2 |
$2.33 |
3 |
$2.52 |
4 |
$2.72 |
5 |
$2.94 |
6 |
$3.17 |
7 |
$3.43 |
8 |
$3.70 |
9 |
$4.00 |
10 |
$4.32 |
11 |
$4.66 |
12 |
$5.04 |
13 |
$5.44 |
14 |
$5.87 |
15 |
$6.34 |
16 |
$6.85 |
17 |
$7.40 |
18 |
$7.99 |
19 |
$8.63 |
20 |
$9.32 |
21 |
$10.07 |
22 |
$10.87 |
23 |
$11.74 |
24 |
$12.68 |
25 |
$13.70 |
26 |
$14.79 |
27 |
$15.98 |
28 |
$17.25 |
29 |
$18.63 |
30 |
$20.13 |
$2 for 30 Years by Interest Rate
Rate |
Amount |
1% |
$2.70 |
2% |
$3.62 |
3% |
$4.85 |
4% |
$6.49 |
5% |
$8.64 |
6% |
$11.49 |
8% |
$20.13 |
10% |
$34.90 |
12% |
$59.92 |
15% |
$132.42 |
20% |
$474.75 |