$2,000 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 $2,000 will have grown to $20,125.
You will have earned $18,125 in interest.
How much will savings of $2,000 be worth in 30 years if invested at a 8.00% interest rate?
This calculator determines the future value of $2k 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 $2,000 at 8% Interest
Year |
Amount |
0 |
$2,000 |
1 |
$2,160 |
2 |
$2,333 |
3 |
$2,519 |
4 |
$2,721 |
5 |
$2,939 |
6 |
$3,174 |
7 |
$3,428 |
8 |
$3,702 |
9 |
$3,998 |
10 |
$4,318 |
11 |
$4,663 |
12 |
$5,036 |
13 |
$5,439 |
14 |
$5,874 |
15 |
$6,344 |
16 |
$6,852 |
17 |
$7,400 |
18 |
$7,992 |
19 |
$8,631 |
20 |
$9,322 |
21 |
$10,068 |
22 |
$10,873 |
23 |
$11,743 |
24 |
$12,682 |
25 |
$13,697 |
26 |
$14,793 |
27 |
$15,976 |
28 |
$17,254 |
29 |
$18,635 |
30 |
$20,125 |
$2,000 for 30 Years by Interest Rate
Rate |
Amount |
1% |
$2,696 |
2% |
$3,623 |
3% |
$4,855 |
4% |
$6,487 |
5% |
$8,644 |
6% |
$11,487 |
8% |
$20,125 |
10% |
$34,899 |
12% |
$59,920 |
15% |
$132,424 |
20% |
$474,753 |