$7 at 3% interest for 8 years

How much money will your investment be worth if you let the interest grow?
$
%
After investing for 8 years at 3% interest, your $7 investment will have grown to $8.87

How much will savings of $7 be worth in 8 years if invested at a 3.00% interest rate?

This calculator determines the future value of $7 invested for 8 years at a constant yield of 3.00% 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.
Growth of $7 at 3% Interest
Year Amount
0 $7.00
1 $7.21
2 $7.43
3 $7.65
4 $7.88
5 $8.11
6 $8.36
7 $8.61
8 $8.87
$7 for 8 Years by Interest Rate
Rate Amount
1% $7.58
2% $8.20
3% $8.87
4% $9.58
5% $10.34
6% $11.16
8% $12.96
10% $15.01
12% $17.33
15% $21.41
20% $30.10
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