$5 at 12% 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 12% interest, your initial investment of $5 will have grown to $12.38.
You will have earned $7.38 in interest.
How much will savings of $5 be worth in 8 years if invested at a 12.00% interest rate?
This calculator determines the future value of $5 invested for 8 years at a constant yield of 12.00% 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 $5 at 12% Interest
Year Amount
0 $5.00
1 $5.60
2 $6.27
3 $7.02
4 $7.87
5 $8.81
6 $9.87
7 $11.05
8 $12.38
$5 for 8 Years by Interest Rate
Rate Amount
1% $5.41
2% $5.86
3% $6.33
4% $6.84
5% $7.39
6% $7.97
8% $9.25
10% $10.72
12% $12.38
15% $15.30
20% $21.50