$8,000 at 15% Interest for 5 Years
How much money will your investment be worth if you let the interest grow?
After investing for 5 years at 15% interest, your initial investment of $8,000 will have grown to $16,091.
You will have earned $8,091 in interest.
How much will savings of $8,000 be worth in 5 years if invested at a 15.00% interest rate?
This calculator determines the future value of $8k invested for 5 years at a constant yield of 15.00% 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 $8,000 at 15% Interest
Year |
Amount |
0 |
$8,000 |
1 |
$9,200 |
2 |
$10,580 |
3 |
$12,167 |
4 |
$13,992 |
5 |
$16,091 |
$8,000 for 5 Years by Interest Rate
Rate |
Amount |
1% |
$8,408 |
2% |
$8,833 |
3% |
$9,274 |
4% |
$9,733 |
5% |
$10,210 |
6% |
$10,706 |
8% |
$11,755 |
10% |
$12,884 |
12% |
$14,099 |
15% |
$16,091 |
20% |
$19,907 |