$8 at 9% Interest for 30 Years
How much money will your investment be worth if you let the interest grow?
After investing for 30 years at 9% interest, your initial investment of $8 will have grown to $106.14.
You will have earned $98.14 in interest.
How much will savings of $8 be worth in 30 years if invested at a 9.00% interest rate?
This calculator determines the future value of $8 invested for 30 years at a constant yield of 9.00% 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 9% Interest
Year |
Amount |
0 |
$8.00 |
1 |
$8.72 |
2 |
$9.50 |
3 |
$10.36 |
4 |
$11.29 |
5 |
$12.31 |
6 |
$13.42 |
7 |
$14.62 |
8 |
$15.94 |
9 |
$17.38 |
10 |
$18.94 |
11 |
$20.64 |
12 |
$22.50 |
13 |
$24.53 |
14 |
$26.73 |
15 |
$29.14 |
16 |
$31.76 |
17 |
$34.62 |
18 |
$37.74 |
19 |
$41.13 |
20 |
$44.84 |
21 |
$48.87 |
22 |
$53.27 |
23 |
$58.06 |
24 |
$63.29 |
25 |
$68.98 |
26 |
$75.19 |
27 |
$81.96 |
28 |
$89.34 |
29 |
$97.38 |
30 |
$106.14 |
$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 |