FinBreezy

Compound Interest on $1,000 at 8% for 30 Years

Final Balance

$10,062.66

Total Contributed

$1,000

Interest Earned

$9,062.66

If you invest $1,000 at an annual interest rate of 8%, compounded annually, your investment will grow to $10,062.66 after 30 years. That means you'll earn $9,062.66 in interest — more than 9x your original investment.

Year-by-Year Breakdown

YearBalanceContributionsInterest
0$1,000$1,000$0
1$1,080$1,000$80
2$1,166.4$1,000$166.4
3$1,259.71$1,000$259.71
4$1,360.49$1,000$360.49
5$1,469.33$1,000$469.33
6$1,586.87$1,000$586.87
7$1,713.82$1,000$713.82
8$1,850.93$1,000$850.93
9$1,999$1,000$999
10$2,158.92$1,000$1,158.92
11$2,331.64$1,000$1,331.64
12$2,518.17$1,000$1,518.17
13$2,719.62$1,000$1,719.62
14$2,937.19$1,000$1,937.19
15$3,172.17$1,000$2,172.17
16$3,425.94$1,000$2,425.94
17$3,700.02$1,000$2,700.02
18$3,996.02$1,000$2,996.02
19$4,315.7$1,000$3,315.7
20$4,660.96$1,000$3,660.96
21$5,033.83$1,000$4,033.83
22$5,436.54$1,000$4,436.54
23$5,871.46$1,000$4,871.46
24$6,341.18$1,000$5,341.18
25$6,848.48$1,000$5,848.48
26$7,396.35$1,000$6,396.35
27$7,988.06$1,000$6,988.06
28$8,627.11$1,000$7,627.11
29$9,317.27$1,000$8,317.27
30$10,062.66$1,000$9,062.66

Want to adjust the numbers? Try our interactive calculator with charts and custom inputs.

Open Compound Interest Calculator

Related Calculations

$1,000 at 7% for 30yr

Final: $7,612.26

$1,000 at 9% for 30yr

Final: $13,267.68

$1,000 at 6% for 30yr

Final: $5,743.49

$1,000 at 10% for 30yr

Final: $17,449.4

$1,000 at 5% for 30yr

Final: $4,321.94

$1,000 at 4% for 30yr

Final: $3,243.4

$1,000 at 12% for 30yr

Final: $29,959.92

$5,000 at 8% for 30yr

Final: $50,313.28

$1,000 at 3% for 30yr

Final: $2,427.26