$750 at 8% Interest for 8 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 8 years at 8% interest, your initial investment of $750 will have grown to $1,388.
You will have earned $638 in interest.
How much will savings of $750 be worth in 8 years if invested at a 8.00% interest rate?
This calculator determines the future value of $750 invested for 8 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 $750 at 8% Interest
| Year | Amount |
|---|---|
| 0 | $750.00 |
| 1 | $810.00 |
| 2 | $874.80 |
| 3 | $944.78 |
| 4 | $1,020 |
| 5 | $1,102 |
| 6 | $1,190 |
| 7 | $1,285 |
| 8 | $1,388 |
$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 |