$8,500 at 10% Interest for 3 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 3 years at 10% interest, your initial investment of $8,500 will have grown to $11,314.
You will have earned $2,814 in interest.
How much will savings of $8,500 be worth in 3 years if invested at a 10.00% interest rate?
This calculator determines the future value of $8.5k invested for 3 years at a constant yield of 10.00% 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 $8,500 at 10% Interest
| Year | Amount |
|---|---|
| 0 | $8,500 |
| 1 | $9,350 |
| 2 | $10,285 |
| 3 | $11,314 |
$8,500 for 3 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $8,758 |
| 2% | $9,020 |
| 3% | $9,288 |
| 4% | $9,561 |
| 5% | $9,840 |
| 6% | $10,124 |
| 8% | $10,708 |
| 10% | $11,314 |
| 12% | $11,942 |
| 15% | $12,927 |
| 20% | $14,688 |