$400 at 9% Interest for 8 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 8 years at 9% interest, your initial investment of $400 will have grown to $797.03.
You will have earned $397.03 in interest.
How much will savings of $400 be worth in 8 years if invested at a 9.00% interest rate?
This calculator determines the future value of $400 invested for 8 years at a constant yield of 9.00% 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 9% Interest
| Year | Amount |
|---|---|
| 0 | $400.00 |
| 1 | $436.00 |
| 2 | $475.24 |
| 3 | $518.01 |
| 4 | $564.63 |
| 5 | $615.45 |
| 6 | $670.84 |
| 7 | $731.22 |
| 8 | $797.03 |
$400 for 8 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $433.14 |
| 2% | $468.66 |
| 3% | $506.71 |
| 4% | $547.43 |
| 5% | $590.98 |
| 6% | $637.54 |
| 8% | $740.37 |
| 10% | $857.44 |
| 12% | $990.39 |
| 15% | $1,224 |
| 20% | $1,720 |