$30 at 12% interest for 8 years

How much money will your investment be worth if you let the interest grow?
$
%
After investing for 8 years at 12% interest, your $30 investment will have grown to $74.28

How much will savings of $30 be worth in 8 years if invested at a 12.00% interest rate?

This calculator determines the future value of $30 invested for 8 years at a constant yield of 12.00% 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.
Growth of $30 at 12% Interest
Year Amount
0 $30.00
1 $33.60
2 $37.63
3 $42.15
4 $47.21
5 $52.87
6 $59.21
7 $66.32
8 $74.28
$30 for 8 Years by Interest Rate
Rate Amount
1% $32.49
2% $35.15
3% $38.00
4% $41.06
5% $44.32
6% $47.82
8% $55.53
10% $64.31
12% $74.28
15% $91.77
20% $128.99