$80 at 3% Interest for 8 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 8 years at 3% interest, your initial investment of $80 will have grown to $101.34.
You will have earned $21.34 in interest.
How much will savings of $80 be worth in 8 years if invested at a 3.00% interest rate?
This calculator determines the future value of $80 invested for 8 years at a constant yield of 3.00% 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 $80 at 3% Interest
| Year | Amount |
|---|---|
| 0 | $80.00 |
| 1 | $82.40 |
| 2 | $84.87 |
| 3 | $87.42 |
| 4 | $90.04 |
| 5 | $92.74 |
| 6 | $95.52 |
| 7 | $98.39 |
| 8 | $101.34 |
$80 for 8 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $86.63 |
| 2% | $93.73 |
| 3% | $101.34 |
| 4% | $109.49 |
| 5% | $118.20 |
| 6% | $127.51 |
| 8% | $148.07 |
| 10% | $171.49 |
| 12% | $198.08 |
| 15% | $244.72 |
| 20% | $343.99 |