$200 at 2% 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 2% interest, your initial investment of $200 will have grown to $234.33.
You will have earned $34.33 in interest.
How much will savings of $200 be worth in 8 years if invested at a 2.00% interest rate?
This calculator determines the future value of $200 invested for 8 years at a constant yield of 2.00% 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 $200 at 2% Interest
| Year | Amount |
|---|---|
| 0 | $200.00 |
| 1 | $204.00 |
| 2 | $208.08 |
| 3 | $212.24 |
| 4 | $216.49 |
| 5 | $220.82 |
| 6 | $225.23 |
| 7 | $229.74 |
| 8 | $234.33 |
$200 for 8 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $216.57 |
| 2% | $234.33 |
| 3% | $253.35 |
| 4% | $273.71 |
| 5% | $295.49 |
| 6% | $318.77 |
| 8% | $370.19 |
| 10% | $428.72 |
| 12% | $495.19 |
| 15% | $611.80 |
| 20% | $859.96 |