$240,000 Compound Interest Calculator

How much money will $240,000 be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 10 years at 5% interest, your $240,000 investment will have grown to $390,935
Did Albert Einstein really say "Compound interest is the most powerful force in the universe?"
According to Snopes, the answer is probably not.
Growth of $240,000 at 5% Interest
Year Amount
0 $240,000
1 $252,000
2 $264,600
3 $277,830
4 $291,722
5 $306,308
6 $321,623
7 $337,704
8 $354,589
9 $372,319
10 $390,935
$240,000 for 10 Years by Interest Rate
Rate Amount
1% $265,109
2% $292,559
3% $322,540
4% $355,259
5% $390,935
6% $429,803
8% $518,142
10% $622,498
12% $745,404
15% $970,934
20% $1,486,017