$20 at 8% Interest for 40 Years
How much money will your investment be worth if you let the interest grow?
After investing for 40 years at 8% interest, your initial investment of $20 will have grown to $434.49.
You will have earned $414.49 in interest.
How much will savings of $20 be worth in 40 years if invested at a 8.00% interest rate?
This calculator determines the future value of $20 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?"
Nevertheless, investing money consistently over a long period of time has made many people very rich.
Growth of $20 at 8% Interest
Year |
Amount |
0 |
$20.00 |
1 |
$21.60 |
2 |
$23.33 |
3 |
$25.19 |
4 |
$27.21 |
5 |
$29.39 |
6 |
$31.74 |
7 |
$34.28 |
8 |
$37.02 |
9 |
$39.98 |
10 |
$43.18 |
11 |
$46.63 |
12 |
$50.36 |
13 |
$54.39 |
14 |
$58.74 |
15 |
$63.44 |
16 |
$68.52 |
17 |
$74.00 |
18 |
$79.92 |
19 |
$86.31 |
20 |
$93.22 |
21 |
$100.68 |
22 |
$108.73 |
23 |
$117.43 |
24 |
$126.82 |
25 |
$136.97 |
26 |
$147.93 |
27 |
$159.76 |
28 |
$172.54 |
29 |
$186.35 |
30 |
$201.25 |
31 |
$217.35 |
32 |
$234.74 |
33 |
$253.52 |
34 |
$273.80 |
35 |
$295.71 |
36 |
$319.36 |
37 |
$344.91 |
38 |
$372.51 |
39 |
$402.31 |
40 |
$434.49 |
$20 for 40 Years by Interest Rate
Rate |
Amount |
1% |
$29.78 |
2% |
$44.16 |
3% |
$65.24 |
4% |
$96.02 |
5% |
$140.80 |
6% |
$205.71 |
8% |
$434.49 |
10% |
$905.19 |
12% |
$1,861 |
15% |
$5,357 |
20% |
$29,395 |