$700 at 7% interest for 8 years

How much money will your investment be worth if you let the interest grow?
$
%
After investing for 8 years at 7% interest, your $700 investment will have grown to $1,203

How much will savings of $700 be worth in 8 years if invested at a 7.00% interest rate?

This calculator determines the future value of $700 invested for 8 years at a constant yield of 7.00% 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 $700 at 7% Interest
Year Amount
0 $700.00
1 $749.00
2 $801.43
3 $857.53
4 $917.56
5 $981.79
6 $1,051
7 $1,124
8 $1,203
$700 for 8 Years by Interest Rate
Rate Amount
1% $758.00
2% $820.16
3% $886.74
4% $958.00
5% $1,034
6% $1,116
8% $1,296
10% $1,501
12% $1,733
15% $2,141
20% $3,010
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