$9 at 8% 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 8% interest, your initial investment of $9 will have grown to $11.34.
You will have earned $2.34 in interest.
How much will savings of $9 be worth in 3 years if invested at a 8.00% interest rate?
This calculator determines the future value of $9 invested for 3 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 |
$9 for 3 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $9.27 |
| 2% | $9.55 |
| 3% | $9.83 |
| 4% | $10.12 |
| 5% | $10.42 |
| 6% | $10.72 |
| 8% | $11.34 |
| 10% | $11.98 |
| 12% | $12.64 |
| 15% | $13.69 |
| 20% | $15.55 |