$9,000 at 8% Interest for 15 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 15 years at 8% interest, your initial investment of $9,000 will have grown to $28,550.
You will have earned $19,550 in interest.
How much will savings of $9,000 be worth in 15 years if invested at a 8.00% interest rate?
This calculator determines the future value of $9k invested for 15 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 $9,000 at 8% Interest
| Year | Amount |
|---|---|
| 0 | $9,000 |
| 1 | $9,720 |
| 2 | $10,498 |
| 3 | $11,337 |
| 4 | $12,244 |
| 5 | $13,224 |
| 6 | $14,282 |
| 7 | $15,424 |
| 8 | $16,658 |
| 9 | $17,991 |
| 10 | $19,430 |
| 11 | $20,985 |
| 12 | $22,664 |
| 13 | $24,477 |
| 14 | $26,435 |
| 15 | $28,550 |
$9,000 for 15 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $10,449 |
| 2% | $12,113 |
| 3% | $14,022 |
| 4% | $16,208 |
| 5% | $18,710 |
| 6% | $21,569 |
| 8% | $28,550 |
| 10% | $37,595 |
| 12% | $49,262 |
| 15% | $73,234 |
| 20% | $138,663 |