$4,000 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 $4,000 will have grown to $12,689.
You will have earned $8,689 in interest.
How much will savings of $4,000 be worth in 15 years if invested at a 8.00% interest rate?
This calculator determines the future value of $4k 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 $4,000 at 8% Interest
| Year | Amount |
|---|---|
| 0 | $4,000 |
| 1 | $4,320 |
| 2 | $4,666 |
| 3 | $5,039 |
| 4 | $5,442 |
| 5 | $5,877 |
| 6 | $6,347 |
| 7 | $6,855 |
| 8 | $7,404 |
| 9 | $7,996 |
| 10 | $8,636 |
| 11 | $9,327 |
| 12 | $10,073 |
| 13 | $10,878 |
| 14 | $11,749 |
| 15 | $12,689 |
$4,000 for 15 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $4,644 |
| 2% | $5,383 |
| 3% | $6,232 |
| 4% | $7,204 |
| 5% | $8,316 |
| 6% | $9,586 |
| 8% | $12,689 |
| 10% | $16,709 |
| 12% | $21,894 |
| 15% | $32,548 |
| 20% | $61,628 |