$9,000 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 $9,000 will have grown to $41,949.
You will have earned $32,949 in interest.
How much will savings of $9,000 be worth in 20 years if invested at a 8.00% interest rate?
This calculator determines the future value of $9k 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 $9,000 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 |
| 16 | $30,833 |
| 17 | $33,300 |
| 18 | $35,964 |
| 19 | $38,841 |
| 20 | $41,949 |
$9,000 for 20 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $10,982 |
| 2% | $13,374 |
| 3% | $16,255 |
| 4% | $19,720 |
| 5% | $23,880 |
| 6% | $28,864 |
| 8% | $41,949 |
| 10% | $60,547 |
| 12% | $86,817 |
| 15% | $147,299 |
| 20% | $345,038 |