$24,000 Invested for 5 Years at 8%
How much will $24,000 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
$24,000 invested with 8% annual interest
At the end of 5 years, your savings will have grown to $35,264.
You will have earned $11,264 in interest.
| $24,000 at 8% for... | |
|---|---|
| 1 years | $25,920 |
| 2 years | $27,994 |
| 3 years | $30,233 |
| 4 years | $32,652 |
| 5 years | $35,264 |
| 8 years | $44,422 |
| 10 years | $51,814 |
| 12 years | $60,436 |
| 15 years | $76,132 |
| 20 years | $111,863 |
| 30 years | $241,504 |
| $24,000 for 5 years at... | |
|---|---|
| 1% | $25,224 |
| 2% | $26,498 |
| 3% | $27,823 |
| 4% | $29,200 |
| 5% | $30,631 |
| 6% | $32,117 |
| 8% | $35,264 |
| 10% | $38,652 |
| 12% | $42,296 |
| 15% | $48,273 |
| 20% | $59,720 |