$800 at 8% Interest for 15 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 15 years at 8% interest, your initial investment of $800 will have grown to $2,538.
You will have earned $1,738 in interest.
How much will savings of $800 be worth in 15 years if invested at a 8.00% interest rate?
This calculator determines the future value of $800 invested for 15 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 |
| 11 | $1,865 |
| 12 | $2,015 |
| 13 | $2,176 |
| 14 | $2,350 |
| 15 | $2,538 |
$800 for 15 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $928.78 |
| 2% | $1,077 |
| 3% | $1,246 |
| 4% | $1,441 |
| 5% | $1,663 |
| 6% | $1,917 |
| 8% | $2,538 |
| 10% | $3,342 |
| 12% | $4,379 |
| 15% | $6,510 |
| 20% | $12,326 |