$9,000 at 3% Interest for 8 Years
How much money will your investment be worth if you let the interest grow?
After investing for 8 years at 3% interest, your initial investment of $9,000 will have grown to $11,401.
You will have earned $2,401 in interest.
How much will savings of $9,000 be worth in 8 years if invested at a 3.00% interest rate?
This calculator determines the future value of $9k invested for 8 years at a constant yield of 3.00% compounded annually.
Did Albert Einstein really say "Compound interest is the most powerful force in the universe?"
Nevertheless, investing money consistently over a long period of time has made many people very rich.
Growth of $9,000 at 3% Interest
Year |
Amount |
0 |
$9,000 |
1 |
$9,270 |
2 |
$9,548 |
3 |
$9,835 |
4 |
$10,130 |
5 |
$10,433 |
6 |
$10,746 |
7 |
$11,069 |
8 |
$11,401 |
$9,000 for 8 Years by Interest Rate
Rate |
Amount |
1% |
$9,746 |
2% |
$10,545 |
3% |
$11,401 |
4% |
$12,317 |
5% |
$13,297 |
6% |
$14,345 |
8% |
$16,658 |
10% |
$19,292 |
12% |
$22,284 |
15% |
$27,531 |
20% |
$38,698 |