$8,500 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 $8,500 will have grown to $266,980.
You will have earned $258,480 in interest.
How much will savings of $8,500 be worth in 40 years if invested at a 9.00% interest rate?
This calculator determines the future value of $8.5k 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 $8,500 at 9% Interest
Year Amount
0 $8,500
1 $9,265
2 $10,099
3 $11,008
4 $11,998
5 $13,078
6 $14,255
7 $15,538
8 $16,937
9 $18,461
10 $20,123
11 $21,934
12 $23,908
13 $26,059
14 $28,405
15 $30,961
16 $33,748
17 $36,785
18 $40,096
19 $43,704
20 $47,637
21 $51,925
22 $56,598
23 $61,692
24 $67,244
25 $73,296
26 $79,893
27 $87,083
28 $94,921
29 $103,464
30 $112,775
31 $122,925
32 $133,988
33 $146,047
34 $159,191
35 $173,519
36 $189,135
37 $206,158
38 $224,712
39 $244,936
40 $266,980
$8,500 for 40 Years by Interest Rate
Rate Amount
1% $12,655
2% $18,768
3% $27,727
4% $40,809
5% $59,840
6% $87,429
8% $184,658
10% $384,704
12% $790,933
15% $2,276,840
20% $12,493,058