$50 at 8% Interest for 5 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 5 years at 8% interest, your initial investment of $50 will have grown to $73.47.
You will have earned $23.47 in interest.
How much will savings of $50 be worth in 5 years if invested at a 8.00% interest rate?
This calculator determines the future value of $50 invested for 5 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 $50 at 8% Interest
| Year | Amount |
|---|---|
| 0 | $50.00 |
| 1 | $54.00 |
| 2 | $58.32 |
| 3 | $62.99 |
| 4 | $68.02 |
| 5 | $73.47 |
$50 for 5 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $52.55 |
| 2% | $55.20 |
| 3% | $57.96 |
| 4% | $60.83 |
| 5% | $63.81 |
| 6% | $66.91 |
| 8% | $73.47 |
| 10% | $80.53 |
| 12% | $88.12 |
| 15% | $100.57 |
| 20% | $124.42 |