$9 at 8% Interest for 20 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 20 years at 8% interest, your initial investment of $9 will have grown to $41.95.
You will have earned $32.95 in interest.
How much will savings of $9 be worth in 20 years if invested at a 8.00% interest rate?
This calculator determines the future value of $9 invested for 20 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 |
| 13 | $24.48 |
| 14 | $26.43 |
| 15 | $28.55 |
| 16 | $30.83 |
| 17 | $33.30 |
| 18 | $35.96 |
| 19 | $38.84 |
| 20 | $41.95 |
$9 for 20 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $10.98 |
| 2% | $13.37 |
| 3% | $16.26 |
| 4% | $19.72 |
| 5% | $23.88 |
| 6% | $28.86 |
| 8% | $41.95 |
| 10% | $60.55 |
| 12% | $86.82 |
| 15% | $147.30 |
| 20% | $345.04 |