$750 at 1% Interest for 8 Years
How much money will your investment be worth if you let the interest grow?
After investing for 8 years at 1% interest, your initial investment of $750 will have grown to $812.14.
You will have earned $62.14 in interest.
How much will savings of $750 be worth in 8 years if invested at a 1.00% interest rate?
This calculator determines the future value of $750 invested for 8 years at a constant yield of 1.00% compounded annually.
Did Albert Einstein really say "Compound interest is the most powerful force in the universe?"
Nevertheless, investing money consistently over a long period of time has made many people very rich.
Growth of $750 at 1% Interest
Year |
Amount |
0 |
$750.00 |
1 |
$757.50 |
2 |
$765.08 |
3 |
$772.73 |
4 |
$780.45 |
5 |
$788.26 |
6 |
$796.14 |
7 |
$804.10 |
8 |
$812.14 |
$750 for 8 Years by Interest Rate
Rate |
Amount |
1% |
$812.14 |
2% |
$878.74 |
3% |
$950.08 |
4% |
$1,026 |
5% |
$1,108 |
6% |
$1,195 |
8% |
$1,388 |
10% |
$1,608 |
12% |
$1,857 |
15% |
$2,294 |
20% |
$3,225 |