$8 at 6% 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 6% interest, your initial investment of $8 will have grown to $82.29.
You will have earned $74.29 in interest.
How much will savings of $8 be worth in 40 years if invested at a 6.00% interest rate?
This calculator determines the future value of $8 invested for 40 years at a constant yield of 6.00% 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 6% Interest
| Year | Amount |
|---|---|
| 0 | $8.00 |
| 1 | $8.48 |
| 2 | $8.99 |
| 3 | $9.53 |
| 4 | $10.10 |
| 5 | $10.71 |
| 6 | $11.35 |
| 7 | $12.03 |
| 8 | $12.75 |
| 9 | $13.52 |
| 10 | $14.33 |
| 11 | $15.19 |
| 12 | $16.10 |
| 13 | $17.06 |
| 14 | $18.09 |
| 15 | $19.17 |
| 16 | $20.32 |
| 17 | $21.54 |
| 18 | $22.83 |
| 19 | $24.20 |
| 20 | $25.66 |
| 21 | $27.20 |
| 22 | $28.83 |
| 23 | $30.56 |
| 24 | $32.39 |
| 25 | $34.33 |
| 26 | $36.40 |
| 27 | $38.58 |
| 28 | $40.89 |
| 29 | $43.35 |
| 30 | $45.95 |
| 31 | $48.70 |
| 32 | $51.63 |
| 33 | $54.72 |
| 34 | $58.01 |
| 35 | $61.49 |
| 36 | $65.18 |
| 37 | $69.09 |
| 38 | $73.23 |
| 39 | $77.63 |
| 40 | $82.29 |
$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 |