$800 at 8% Interest for 10 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 10 years at 8% interest, your initial investment of $800 will have grown to $1,727.
You will have earned $927 in interest.
How much will savings of $800 be worth in 10 years if invested at a 8.00% interest rate?
This calculator determines the future value of $800 invested for 10 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?"
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 8% Interest
| Year | Amount |
|---|---|
| 0 | $800.00 |
| 1 | $864.00 |
| 2 | $933.12 |
| 3 | $1,008 |
| 4 | $1,088 |
| 5 | $1,175 |
| 6 | $1,269 |
| 7 | $1,371 |
| 8 | $1,481 |
| 9 | $1,599 |
| 10 | $1,727 |
$800 for 10 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $883.70 |
| 2% | $975.20 |
| 3% | $1,075 |
| 4% | $1,184 |
| 5% | $1,303 |
| 6% | $1,433 |
| 8% | $1,727 |
| 10% | $2,075 |
| 12% | $2,485 |
| 15% | $3,236 |
| 20% | $4,953 |