$900 at 8% 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 8% interest, your initial investment of $900 will have grown to $1,666.
You will have earned $766 in interest.
How much will savings of $900 be worth in 8 years if invested at a 8.00% interest rate?
This calculator determines the future value of $900 invested for 8 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 $900 at 8% Interest
| Year | Amount |
|---|---|
| 0 | $900.00 |
| 1 | $972.00 |
| 2 | $1,050 |
| 3 | $1,134 |
| 4 | $1,224 |
| 5 | $1,322 |
| 6 | $1,428 |
| 7 | $1,542 |
| 8 | $1,666 |
$900 for 8 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $974.57 |
| 2% | $1,054 |
| 3% | $1,140 |
| 4% | $1,232 |
| 5% | $1,330 |
| 6% | $1,434 |
| 8% | $1,666 |
| 10% | $1,929 |
| 12% | $2,228 |
| 15% | $2,753 |
| 20% | $3,870 |