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$10,000 invested for 30 years at 8%
Exact compound math for the given inputs.
$109,357.30
future value (monthly compounding, no deposits)
Principal$10,000.00
Interest earned$99,357.30
Growth multiple10.94×
Rule of 729.0 yrs to double
Frequently asked questions
How much will $10,000 be worth in 30 years at 8%?
With monthly compounding it grows to $109,357.30 — that is $99,357.30 of interest earned on $10,000.00.
What if compounding is annual instead of monthly?
Annual compounding gives $100,626.57 — more frequent compounding always yields slightly more.
How long until it doubles?
The Rule of 72 estimates 9.0 years at 8% (9.00 precisely).
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Change the numbers yourself
Open the interactive compound interest calculator — every field is editable.