$5 at 8% Interest for 30 Years
How much money will your investment be worth if you let the interest grow?
After investing for 30 years at 8% interest, your initial investment of $5 will have grown to $50.31.
You will have earned $45.31 in interest.
How much will savings of $5 be worth in 30 years if invested at a 8.00% interest rate?
This calculator determines the future value of $5 invested for 30 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 |
13 |
$13.60 |
14 |
$14.69 |
15 |
$15.86 |
16 |
$17.13 |
17 |
$18.50 |
18 |
$19.98 |
19 |
$21.58 |
20 |
$23.30 |
21 |
$25.17 |
22 |
$27.18 |
23 |
$29.36 |
24 |
$31.71 |
25 |
$34.24 |
26 |
$36.98 |
27 |
$39.94 |
28 |
$43.14 |
29 |
$46.59 |
30 |
$50.31 |
$5 for 30 Years by Interest Rate
Rate |
Amount |
1% |
$6.74 |
2% |
$9.06 |
3% |
$12.14 |
4% |
$16.22 |
5% |
$21.61 |
6% |
$28.72 |
8% |
$50.31 |
10% |
$87.25 |
12% |
$149.80 |
15% |
$331.06 |
20% |
$1,187 |