$800 at 8% Interest for 5 Years
How much money will your investment be worth if you let the interest grow?
After investing for 5 years at 8% interest, your initial investment of $800 will have grown to $1,175.
You will have earned $375 in interest.
How much will savings of $800 be worth in 5 years if invested at a 8.00% interest rate?
This calculator determines the future value of $800 invested for 5 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?"
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 |
$800 for 5 Years by Interest Rate
Rate |
Amount |
1% |
$840.81 |
2% |
$883.26 |
3% |
$927.42 |
4% |
$973.32 |
5% |
$1,021 |
6% |
$1,071 |
8% |
$1,175 |
10% |
$1,288 |
12% |
$1,410 |
15% |
$1,609 |
20% |
$1,991 |