$8,000 at 9% Interest for 30 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 30 years at 9% interest, your initial investment of $8,000 will have grown to $106,141.
You will have earned $98,141 in interest.
How much will savings of $8,000 be worth in 30 years if invested at a 9.00% interest rate?
This calculator determines the future value of $8k invested for 30 years at a constant yield of 9.00% 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 $8,000 at 9% Interest
| Year | Amount |
|---|---|
| 0 | $8,000 |
| 1 | $8,720 |
| 2 | $9,505 |
| 3 | $10,360 |
| 4 | $11,293 |
| 5 | $12,309 |
| 6 | $13,417 |
| 7 | $14,624 |
| 8 | $15,941 |
| 9 | $17,375 |
| 10 | $18,939 |
| 11 | $20,643 |
| 12 | $22,501 |
| 13 | $24,526 |
| 14 | $26,734 |
| 15 | $29,140 |
| 16 | $31,762 |
| 17 | $34,621 |
| 18 | $37,737 |
| 19 | $41,133 |
| 20 | $44,835 |
| 21 | $48,870 |
| 22 | $53,269 |
| 23 | $58,063 |
| 24 | $63,289 |
| 25 | $68,985 |
| 26 | $75,193 |
| 27 | $81,961 |
| 28 | $89,337 |
| 29 | $97,377 |
| 30 | $106,141 |
$8,000 for 30 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $10,783 |
| 2% | $14,491 |
| 3% | $19,418 |
| 4% | $25,947 |
| 5% | $34,576 |
| 6% | $45,948 |
| 8% | $80,501 |
| 10% | $139,595 |
| 12% | $239,679 |
| 15% | $529,694 |
| 20% | $1,899,011 |