$8 at 4.5% 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 4.5% interest, your initial investment of $8 will have grown to $46.53.
You will have earned $38.53 in interest.
How much will savings of $8 be worth in 40 years if invested at a 4.50% interest rate?
This calculator determines the future value of $8 invested for 40 years at a constant yield of 4.50% 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 4.5% Interest
Year Amount
0 $8.00
1 $8.36
2 $8.74
3 $9.13
4 $9.54
5 $9.97
6 $10.42
7 $10.89
8 $11.38
9 $11.89
10 $12.42
11 $12.98
12 $13.57
13 $14.18
14 $14.82
15 $15.48
16 $16.18
17 $16.91
18 $17.67
19 $18.46
20 $19.29
21 $20.16
22 $21.07
23 $22.02
24 $23.01
25 $24.04
26 $25.13
27 $26.26
28 $27.44
29 $28.67
30 $29.96
31 $31.31
32 $32.72
33 $34.19
34 $35.73
35 $37.34
36 $39.02
37 $40.77
38 $42.61
39 $44.53
40 $46.53
$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