$8 at 12% 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 12% interest, your initial investment of $8 will have grown to $744.41.
You will have earned $736.41 in interest.
How much will savings of $8 be worth in 40 years if invested at a 12.00% interest rate?
This calculator determines the future value of $8 invested for 40 years at a constant yield of 12.00% 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 12% Interest
| Year | Amount |
|---|---|
| 0 | $8.00 |
| 1 | $8.96 |
| 2 | $10.04 |
| 3 | $11.24 |
| 4 | $12.59 |
| 5 | $14.10 |
| 6 | $15.79 |
| 7 | $17.69 |
| 8 | $19.81 |
| 9 | $22.18 |
| 10 | $24.85 |
| 11 | $27.83 |
| 12 | $31.17 |
| 13 | $34.91 |
| 14 | $39.10 |
| 15 | $43.79 |
| 16 | $49.04 |
| 17 | $54.93 |
| 18 | $61.52 |
| 19 | $68.90 |
| 20 | $77.17 |
| 21 | $86.43 |
| 22 | $96.80 |
| 23 | $108.42 |
| 24 | $121.43 |
| 25 | $136.00 |
| 26 | $152.32 |
| 27 | $170.60 |
| 28 | $191.07 |
| 29 | $214.00 |
| 30 | $239.68 |
| 31 | $268.44 |
| 32 | $300.65 |
| 33 | $336.73 |
| 34 | $377.14 |
| 35 | $422.40 |
| 36 | $473.08 |
| 37 | $529.85 |
| 38 | $593.44 |
| 39 | $664.65 |
| 40 | $744.41 |
$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 |