$50 at 9% Interest for 8 Years
How much money will your investment be worth if you let the interest grow?
After investing for 8 years at 9% interest, your initial investment of $50 will have grown to $99.63.
You will have earned $49.63 in interest.
How much will savings of $50 be worth in 8 years if invested at a 9.00% interest rate?
This calculator determines the future value of $50 invested for 8 years at a constant yield of 9.00% 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 $50 at 9% Interest
Year |
Amount |
0 |
$50.00 |
1 |
$54.50 |
2 |
$59.41 |
3 |
$64.75 |
4 |
$70.58 |
5 |
$76.93 |
6 |
$83.86 |
7 |
$91.40 |
8 |
$99.63 |
$50 for 8 Years by Interest Rate
Rate |
Amount |
1% |
$54.14 |
2% |
$58.58 |
3% |
$63.34 |
4% |
$68.43 |
5% |
$73.87 |
6% |
$79.69 |
8% |
$92.55 |
10% |
$107.18 |
12% |
$123.80 |
15% |
$152.95 |
20% |
$214.99 |