$4 at 8% Interest for 15 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 15 years at 8% interest, your initial investment of $4 will have grown to $12.69.
You will have earned $8.69 in interest.
How much will savings of $4 be worth in 15 years if invested at a 8.00% interest rate?
This calculator determines the future value of $4 invested for 15 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 $4 at 8% Interest
| Year | Amount |
|---|---|
| 0 | $4.00 |
| 1 | $4.32 |
| 2 | $4.67 |
| 3 | $5.04 |
| 4 | $5.44 |
| 5 | $5.88 |
| 6 | $6.35 |
| 7 | $6.86 |
| 8 | $7.40 |
| 9 | $8.00 |
| 10 | $8.64 |
| 11 | $9.33 |
| 12 | $10.07 |
| 13 | $10.88 |
| 14 | $11.75 |
| 15 | $12.69 |
$4 for 15 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $4.64 |
| 2% | $5.38 |
| 3% | $6.23 |
| 4% | $7.20 |
| 5% | $8.32 |
| 6% | $9.59 |
| 8% | $12.69 |
| 10% | $16.71 |
| 12% | $21.89 |
| 15% | $32.55 |
| 20% | $61.63 |