$8 at 4% 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% interest, your initial investment of $8 will have grown to $38.41.
You will have earned $30.41 in interest.
How much will savings of $8 be worth in 40 years if invested at a 4.00% interest rate?
This calculator determines the future value of $8 invested for 40 years at a constant yield of 4.00% 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 4% Interest
Year Amount
0 $8.00
1 $8.32
2 $8.65
3 $9.00
4 $9.36
5 $9.73
6 $10.12
7 $10.53
8 $10.95
9 $11.39
10 $11.84
11 $12.32
12 $12.81
13 $13.32
14 $13.85
15 $14.41
16 $14.98
17 $15.58
18 $16.21
19 $16.85
20 $17.53
21 $18.23
22 $18.96
23 $19.72
24 $20.51
25 $21.33
26 $22.18
27 $23.07
28 $23.99
29 $24.95
30 $25.95
31 $26.99
32 $28.06
33 $29.19
34 $30.35
35 $31.57
36 $32.83
37 $34.14
38 $35.51
39 $36.93
40 $38.41
$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