$6 at 8% Interest for 40 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 40 years at 8% interest, your initial investment of $6 will have grown to $130.35.
You will have earned $124.35 in interest.
How much will savings of $6 be worth in 40 years if invested at a 8.00% interest rate?
This calculator determines the future value of $6 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?"
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 $6 at 8% Interest
| Year | Amount |
|---|---|
| 0 | $6.00 |
| 1 | $6.48 |
| 2 | $7.00 |
| 3 | $7.56 |
| 4 | $8.16 |
| 5 | $8.82 |
| 6 | $9.52 |
| 7 | $10.28 |
| 8 | $11.11 |
| 9 | $11.99 |
| 10 | $12.95 |
| 11 | $13.99 |
| 12 | $15.11 |
| 13 | $16.32 |
| 14 | $17.62 |
| 15 | $19.03 |
| 16 | $20.56 |
| 17 | $22.20 |
| 18 | $23.98 |
| 19 | $25.89 |
| 20 | $27.97 |
| 21 | $30.20 |
| 22 | $32.62 |
| 23 | $35.23 |
| 24 | $38.05 |
| 25 | $41.09 |
| 26 | $44.38 |
| 27 | $47.93 |
| 28 | $51.76 |
| 29 | $55.90 |
| 30 | $60.38 |
| 31 | $65.21 |
| 32 | $70.42 |
| 33 | $76.06 |
| 34 | $82.14 |
| 35 | $88.71 |
| 36 | $95.81 |
| 37 | $103.47 |
| 38 | $111.75 |
| 39 | $120.69 |
| 40 | $130.35 |
$6 for 40 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $8.93 |
| 2% | $13.25 |
| 3% | $19.57 |
| 4% | $28.81 |
| 5% | $42.24 |
| 6% | $61.71 |
| 8% | $130.35 |
| 10% | $271.56 |
| 12% | $558.31 |
| 15% | $1,607 |
| 20% | $8,819 |