$30 at 7% interest for 8 years

How much money will your investment be worth if you let the interest grow?
$
%
After investing for 8 years at 7% interest, your $30 investment will have grown to $51.55

How much will savings of $30 be worth in 8 years if invested at a 7.00% interest rate?

This calculator determines the future value of $30 invested for 8 years at a constant yield of 7.00% 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 7% Interest
Year Amount
0 $30.00
1 $32.10
2 $34.35
3 $36.75
4 $39.32
5 $42.08
6 $45.02
7 $48.17
8 $51.55
$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