$4,000 at 4% Interest for 8 Years
How much money will your investment be worth if you let the interest grow?
After investing for 8 years at 4% interest, your initial investment of $4,000 will have grown to $5,474.
You will have earned $1,474 in interest.
How much will savings of $4,000 be worth in 8 years if invested at a 4.00% interest rate?
This calculator determines the future value of $4k invested for 8 years at a constant yield of 4.00% compounded annually.
Did Albert Einstein really say "Compound interest is the most powerful force in the universe?"
Nevertheless, investing money consistently over a long period of time has made many people very rich.
Growth of $4,000 at 4% Interest
Year |
Amount |
0 |
$4,000 |
1 |
$4,160 |
2 |
$4,326 |
3 |
$4,499 |
4 |
$4,679 |
5 |
$4,867 |
6 |
$5,061 |
7 |
$5,264 |
8 |
$5,474 |
$4,000 for 8 Years by Interest Rate
Rate |
Amount |
1% |
$4,331 |
2% |
$4,687 |
3% |
$5,067 |
4% |
$5,474 |
5% |
$5,910 |
6% |
$6,375 |
8% |
$7,404 |
10% |
$8,574 |
12% |
$9,904 |
15% |
$12,236 |
20% |
$17,199 |