$8 at 3.5% 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 3.5% interest, your initial investment of $8 will have grown to $31.67.
You will have earned $23.67 in interest.
How much will savings of $8 be worth in 40 years if invested at a 3.50% interest rate?
This calculator determines the future value of $8 invested for 40 years at a constant yield of 3.50% 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 3.5% Interest
| Year | Amount |
|---|---|
| 0 | $8.00 |
| 1 | $8.28 |
| 2 | $8.57 |
| 3 | $8.87 |
| 4 | $9.18 |
| 5 | $9.50 |
| 6 | $9.83 |
| 7 | $10.18 |
| 8 | $10.53 |
| 9 | $10.90 |
| 10 | $11.28 |
| 11 | $11.68 |
| 12 | $12.09 |
| 13 | $12.51 |
| 14 | $12.95 |
| 15 | $13.40 |
| 16 | $13.87 |
| 17 | $14.36 |
| 18 | $14.86 |
| 19 | $15.38 |
| 20 | $15.92 |
| 21 | $16.48 |
| 22 | $17.05 |
| 23 | $17.65 |
| 24 | $18.27 |
| 25 | $18.91 |
| 26 | $19.57 |
| 27 | $20.25 |
| 28 | $20.96 |
| 29 | $21.70 |
| 30 | $22.45 |
| 31 | $23.24 |
| 32 | $24.05 |
| 33 | $24.90 |
| 34 | $25.77 |
| 35 | $26.67 |
| 36 | $27.60 |
| 37 | $28.57 |
| 38 | $29.57 |
| 39 | $30.60 |
| 40 | $31.67 |
$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 |