$8 at 10% Interest for 40 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 40 years at 10% interest, your initial investment of $8 will have grown to $362.07.
You will have earned $354.07 in interest.
How much will savings of $8 be worth in 40 years if invested at a 10.00% interest rate?
This calculator determines the future value of $8 invested for 40 years at a constant yield of 10.00% 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 $8 at 10% Interest
| Year | Amount |
|---|---|
| 0 | $8.00 |
| 1 | $8.80 |
| 2 | $9.68 |
| 3 | $10.65 |
| 4 | $11.71 |
| 5 | $12.88 |
| 6 | $14.17 |
| 7 | $15.59 |
| 8 | $17.15 |
| 9 | $18.86 |
| 10 | $20.75 |
| 11 | $22.82 |
| 12 | $25.11 |
| 13 | $27.62 |
| 14 | $30.38 |
| 15 | $33.42 |
| 16 | $36.76 |
| 17 | $40.44 |
| 18 | $44.48 |
| 19 | $48.93 |
| 20 | $53.82 |
| 21 | $59.20 |
| 22 | $65.12 |
| 23 | $71.63 |
| 24 | $78.80 |
| 25 | $86.68 |
| 26 | $95.35 |
| 27 | $104.88 |
| 28 | $115.37 |
| 29 | $126.90 |
| 30 | $139.60 |
| 31 | $153.55 |
| 32 | $168.91 |
| 33 | $185.80 |
| 34 | $204.38 |
| 35 | $224.82 |
| 36 | $247.30 |
| 37 | $272.03 |
| 38 | $299.23 |
| 39 | $329.16 |
| 40 | $362.07 |
$8 for 40 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $11.91 |
| 2% | $17.66 |
| 3% | $26.10 |
| 4% | $38.41 |
| 5% | $56.32 |
| 6% | $82.29 |
| 8% | $173.80 |
| 10% | $362.07 |
| 12% | $744.41 |
| 15% | $2,143 |
| 20% | $11,758 |