$7 at 8% interest for 30 years

How much money will your investment be worth if you let the interest grow?
$
%
After investing for 30 years at 8% interest, your $7 investment will have grown to $70.44

How much will savings of $7 be worth in 30 years if invested at a 8.00% interest rate?

This calculator determines the future value of $7 invested for 30 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.
Growth of $7 at 8% Interest
Year Amount
0 $7.00
1 $7.56
2 $8.16
3 $8.82
4 $9.52
5 $10.29
6 $11.11
7 $12.00
8 $12.96
9 $13.99
10 $15.11
11 $16.32
12 $17.63
13 $19.04
14 $20.56
15 $22.21
16 $23.98
17 $25.90
18 $27.97
19 $30.21
20 $32.63
21 $35.24
22 $38.06
23 $41.10
24 $44.39
25 $47.94
26 $51.77
27 $55.92
28 $60.39
29 $65.22
30 $70.44
$7 for 30 Years by Interest Rate
Rate Amount
1% $9.43
2% $12.68
3% $16.99
4% $22.70
5% $30.25
6% $40.20
8% $70.44
10% $122.15
12% $209.72
15% $463.48
20% $1,662
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