$4 at 8% Interest for 3 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 3 years at 8% interest, your initial investment of $4 will have grown to $5.04.
You will have earned $1.04 in interest.
How much will savings of $4 be worth in 3 years if invested at a 8.00% interest rate?
This calculator determines the future value of $4 invested for 3 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 for 3 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $4.12 |
| 2% | $4.24 |
| 3% | $4.37 |
| 4% | $4.50 |
| 5% | $4.63 |
| 6% | $4.76 |
| 8% | $5.04 |
| 10% | $5.32 |
| 12% | $5.62 |
| 15% | $6.08 |
| 20% | $6.91 |