$8,000 at 9% Interest for 40 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 40 years at 9% interest, your initial investment of $8,000 will have grown to $251,275.
You will have earned $243,275 in interest.
How much will savings of $8,000 be worth in 40 years if invested at a 9.00% interest rate?
This calculator determines the future value of $8k invested for 40 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 |
| 31 | $115,694 |
| 32 | $126,107 |
| 33 | $137,456 |
| 34 | $149,827 |
| 35 | $163,312 |
| 36 | $178,010 |
| 37 | $194,031 |
| 38 | $211,493 |
| 39 | $230,528 |
| 40 | $251,275 |
$8,000 for 40 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $11,911 |
| 2% | $17,664 |
| 3% | $26,096 |
| 4% | $38,408 |
| 5% | $56,320 |
| 6% | $82,286 |
| 8% | $173,796 |
| 10% | $362,074 |
| 12% | $744,408 |
| 15% | $2,142,908 |
| 20% | $11,758,173 |