$8 at 8% Interest for 30 Years
How much money will your investment be worth if you let the interest grow?
After investing for 30 years at 8% interest, your initial investment of $8 will have grown to $80.50.
You will have earned $72.50 in interest.
How much will savings of $8 be worth in 30 years if invested at a 8.00% interest rate?
This calculator determines the future value of $8 invested for 30 years at a constant yield of 8.00% compounded annually.
Did Albert Einstein really say "Compound interest is the most powerful force in the universe?"
Nevertheless, investing money consistently over a long period of time has made many people very rich.
Growth of $8 at 8% Interest
Year |
Amount |
0 |
$8.00 |
1 |
$8.64 |
2 |
$9.33 |
3 |
$10.08 |
4 |
$10.88 |
5 |
$11.75 |
6 |
$12.69 |
7 |
$13.71 |
8 |
$14.81 |
9 |
$15.99 |
10 |
$17.27 |
11 |
$18.65 |
12 |
$20.15 |
13 |
$21.76 |
14 |
$23.50 |
15 |
$25.38 |
16 |
$27.41 |
17 |
$29.60 |
18 |
$31.97 |
19 |
$34.53 |
20 |
$37.29 |
21 |
$40.27 |
22 |
$43.49 |
23 |
$46.97 |
24 |
$50.73 |
25 |
$54.79 |
26 |
$59.17 |
27 |
$63.90 |
28 |
$69.02 |
29 |
$74.54 |
30 |
$80.50 |
$8 for 30 Years by Interest Rate
Rate |
Amount |
1% |
$10.78 |
2% |
$14.49 |
3% |
$19.42 |
4% |
$25.95 |
5% |
$34.58 |
6% |
$45.95 |
8% |
$80.50 |
10% |
$139.60 |
12% |
$239.68 |
15% |
$529.69 |
20% |
$1,899 |