$800 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 $800 will have grown to $1,013.
You will have earned $213 in interest.
How much will savings of $800 be worth in 8 years if invested at a 3.00% interest rate?
This calculator determines the future value of $800 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 $800 at 3% Interest
| Year | Amount |
|---|---|
| 0 | $800.00 |
| 1 | $824.00 |
| 2 | $848.72 |
| 3 | $874.18 |
| 4 | $900.41 |
| 5 | $927.42 |
| 6 | $955.24 |
| 7 | $983.90 |
| 8 | $1,013 |
$800 for 8 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $866.29 |
| 2% | $937.33 |
| 3% | $1,013 |
| 4% | $1,095 |
| 5% | $1,182 |
| 6% | $1,275 |
| 8% | $1,481 |
| 10% | $1,715 |
| 12% | $1,981 |
| 15% | $2,447 |
| 20% | $3,440 |