$5,000 at 8% Interest for 40 Years
How much money will your investment be worth if you let the interest grow?
After investing for 40 years at 8% interest, your initial investment of $5,000 will have grown to $108,623.
You will have earned $103,623 in interest.
How much will savings of $5,000 be worth in 40 years if invested at a 8.00% interest rate?
This calculator determines the future value of $5k invested for 40 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 $5,000 at 8% Interest
Year |
Amount |
0 |
$5,000 |
1 |
$5,400 |
2 |
$5,832 |
3 |
$6,299 |
4 |
$6,802 |
5 |
$7,347 |
6 |
$7,934 |
7 |
$8,569 |
8 |
$9,255 |
9 |
$9,995 |
10 |
$10,795 |
11 |
$11,658 |
12 |
$12,591 |
13 |
$13,598 |
14 |
$14,686 |
15 |
$15,861 |
16 |
$17,130 |
17 |
$18,500 |
18 |
$19,980 |
19 |
$21,579 |
20 |
$23,305 |
21 |
$25,169 |
22 |
$27,183 |
23 |
$29,357 |
24 |
$31,706 |
25 |
$34,242 |
26 |
$36,982 |
27 |
$39,940 |
28 |
$43,136 |
29 |
$46,586 |
30 |
$50,313 |
31 |
$54,338 |
32 |
$58,685 |
33 |
$63,380 |
34 |
$68,451 |
35 |
$73,927 |
36 |
$79,841 |
37 |
$86,228 |
38 |
$93,126 |
39 |
$100,576 |
40 |
$108,623 |
$5,000 for 40 Years by Interest Rate
Rate |
Amount |
1% |
$7,444 |
2% |
$11,040 |
3% |
$16,310 |
4% |
$24,005 |
5% |
$35,200 |
6% |
$51,429 |
8% |
$108,623 |
10% |
$226,296 |
12% |
$465,255 |
15% |
$1,339,318 |
20% |
$7,348,858 |