$9 at 8% Interest for 12 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 12 years at 8% interest, your initial investment of $9 will have grown to $22.66.
You will have earned $13.66 in interest.
How much will savings of $9 be worth in 12 years if invested at a 8.00% interest rate?
This calculator determines the future value of $9 invested for 12 years at a constant yield of 8.00% 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 8% Interest
| Year | Amount |
|---|---|
| 0 | $9.00 |
| 1 | $9.72 |
| 2 | $10.50 |
| 3 | $11.34 |
| 4 | $12.24 |
| 5 | $13.22 |
| 6 | $14.28 |
| 7 | $15.42 |
| 8 | $16.66 |
| 9 | $17.99 |
| 10 | $19.43 |
| 11 | $20.98 |
| 12 | $22.66 |
$9 for 12 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $10.14 |
| 2% | $11.41 |
| 3% | $12.83 |
| 4% | $14.41 |
| 5% | $16.16 |
| 6% | $18.11 |
| 8% | $22.66 |
| 10% | $28.25 |
| 12% | $35.06 |
| 15% | $48.15 |
| 20% | $80.24 |