$5 at 8% Interest for 12 Years
How much money will your investment be worth if you let the interest grow?
After investing for 12 years at 8% interest, your initial investment of $5 will have grown to $12.59.
You will have earned $7.59 in interest.
How much will savings of $5 be worth in 12 years if invested at a 8.00% interest rate?
This calculator determines the future value of $5 invested for 12 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?"
Nevertheless, investing money consistently over a long period of time has made many people very rich.
Growth of $5 at 8% Interest
Year |
Amount |
0 |
$5.00 |
1 |
$5.40 |
2 |
$5.83 |
3 |
$6.30 |
4 |
$6.80 |
5 |
$7.35 |
6 |
$7.93 |
7 |
$8.57 |
8 |
$9.25 |
9 |
$10.00 |
10 |
$10.79 |
11 |
$11.66 |
12 |
$12.59 |
$5 for 12 Years by Interest Rate
Rate |
Amount |
1% |
$5.63 |
2% |
$6.34 |
3% |
$7.13 |
4% |
$8.01 |
5% |
$8.98 |
6% |
$10.06 |
8% |
$12.59 |
10% |
$15.69 |
12% |
$19.48 |
15% |
$26.75 |
20% |
$44.58 |