$70 at 8% Interest for 3 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 3 years at 8% interest, your initial investment of $70 will have grown to $88.18.
You will have earned $18.18 in interest.
How much will savings of $70 be worth in 3 years if invested at a 8.00% interest rate?
This calculator determines the future value of $70 invested for 3 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 $70 at 8% Interest
| Year | Amount |
|---|---|
| 0 | $70.00 |
| 1 | $75.60 |
| 2 | $81.65 |
| 3 | $88.18 |
$70 for 3 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $72.12 |
| 2% | $74.28 |
| 3% | $76.49 |
| 4% | $78.74 |
| 5% | $81.03 |
| 6% | $83.37 |
| 8% | $88.18 |
| 10% | $93.17 |
| 12% | $98.34 |
| 15% | $106.46 |
| 20% | $120.96 |