$30 at 8% Interest for 30 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 30 years at 8% interest, your initial investment of $30 will have grown to $301.88.
You will have earned $271.88 in interest.
How much will savings of $30 be worth in 30 years if invested at a 8.00% interest rate?
This calculator determines the future value of $30 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?"
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 $30 at 8% Interest
| Year | Amount |
|---|---|
| 0 | $30.00 |
| 1 | $32.40 |
| 2 | $34.99 |
| 3 | $37.79 |
| 4 | $40.81 |
| 5 | $44.08 |
| 6 | $47.61 |
| 7 | $51.41 |
| 8 | $55.53 |
| 9 | $59.97 |
| 10 | $64.77 |
| 11 | $69.95 |
| 12 | $75.55 |
| 13 | $81.59 |
| 14 | $88.12 |
| 15 | $95.17 |
| 16 | $102.78 |
| 17 | $111.00 |
| 18 | $119.88 |
| 19 | $129.47 |
| 20 | $139.83 |
| 21 | $151.02 |
| 22 | $163.10 |
| 23 | $176.14 |
| 24 | $190.24 |
| 25 | $205.45 |
| 26 | $221.89 |
| 27 | $239.64 |
| 28 | $258.81 |
| 29 | $279.52 |
| 30 | $301.88 |
$30 for 30 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $40.44 |
| 2% | $54.34 |
| 3% | $72.82 |
| 4% | $97.30 |
| 5% | $129.66 |
| 6% | $172.30 |
| 8% | $301.88 |
| 10% | $523.48 |
| 12% | $898.80 |
| 15% | $1,986 |
| 20% | $7,121 |