$400 at 8% Interest for 5 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 5 years at 8% interest, your initial investment of $400 will have grown to $587.73.
You will have earned $187.73 in interest.
How much will savings of $400 be worth in 5 years if invested at a 8.00% interest rate?
This calculator determines the future value of $400 invested for 5 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 $400 at 8% Interest
| Year | Amount |
|---|---|
| 0 | $400.00 |
| 1 | $432.00 |
| 2 | $466.56 |
| 3 | $503.88 |
| 4 | $544.20 |
| 5 | $587.73 |
$400 for 5 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $420.40 |
| 2% | $441.63 |
| 3% | $463.71 |
| 4% | $486.66 |
| 5% | $510.51 |
| 6% | $535.29 |
| 8% | $587.73 |
| 10% | $644.20 |
| 12% | $704.94 |
| 15% | $804.54 |
| 20% | $995.33 |