$16,000 Invested for 5 Years at 8%
How much will $16,000 be worth in 5 years if you get a 8% annual return? Calculate the growth of an investment in stocks, bonds, treasuries, CDs, or a high-yield savings account.
Initial Investment
$
Yearly Deposits
$
Interest Rate
%
Years Invested
$16,000 invested with 8% annual interest
At the end of 5 years, your savings will have grown to $23,509.
You will have earned $7,509 in interest.
| $16,000 at 8% for... | |
|---|---|
| 1 years | $17,280 |
| 2 years | $18,662 |
| 3 years | $20,155 |
| 4 years | $21,768 |
| 5 years | $23,509 |
| 8 years | $29,615 |
| 10 years | $34,543 |
| 12 years | $40,291 |
| 15 years | $50,755 |
| 20 years | $74,575 |
| 30 years | $161,003 |
| $16,000 for 5 years at... | |
|---|---|
| 1% | $16,816 |
| 2% | $17,665 |
| 3% | $18,548 |
| 4% | $19,466 |
| 5% | $20,421 |
| 6% | $21,412 |
| 8% | $23,509 |
| 10% | $25,768 |
| 12% | $28,197 |
| 15% | $32,182 |
| 20% | $39,813 |