$9 at 10% Interest for 8 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 8 years at 10% interest, your initial investment of $9 will have grown to $19.29.
You will have earned $10.29 in interest.
How much will savings of $9 be worth in 8 years if invested at a 10.00% interest rate?
This calculator determines the future value of $9 invested for 8 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 $9 at 10% Interest
| Year | Amount |
|---|---|
| 0 | $9.00 |
| 1 | $9.90 |
| 2 | $10.89 |
| 3 | $11.98 |
| 4 | $13.18 |
| 5 | $14.49 |
| 6 | $15.94 |
| 7 | $17.54 |
| 8 | $19.29 |
$9 for 8 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $9.75 |
| 2% | $10.54 |
| 3% | $11.40 |
| 4% | $12.32 |
| 5% | $13.30 |
| 6% | $14.34 |
| 8% | $16.66 |
| 10% | $19.29 |
| 12% | $22.28 |
| 15% | $27.53 |
| 20% | $38.70 |