$8 at 8% Interest for 40 Years
How much money will your investment be worth if you let the interest grow?
After investing for 40 years at 8% interest, your initial investment of $8 will have grown to $173.80.
You will have earned $165.80 in interest.
How much will savings of $8 be worth in 40 years if invested at a 8.00% interest rate?
This calculator determines the future value of $8 invested for 40 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 |
31 |
$86.94 |
32 |
$93.90 |
33 |
$101.41 |
34 |
$109.52 |
35 |
$118.28 |
36 |
$127.75 |
37 |
$137.97 |
38 |
$149.00 |
39 |
$160.92 |
40 |
$173.80 |
$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 |