$300 at 1% Interest for 30 Years
How much money will your investment be worth if you let the interest grow?
After investing for 30 years at 1% interest, your initial investment of $300 will have grown to $404.35.
You will have earned $104.35 in interest.
How much will savings of $300 be worth in 30 years if invested at a 1.00% interest rate?
This calculator determines the future value of $300 invested for 30 years at a constant yield of 1.00% compounded annually.
Did Albert Einstein really say "Compound interest is the most powerful force in the universe?"
Nevertheless, investing money consistently over a long period of time has made many people very rich.
Growth of $300 at 1% Interest
Year |
Amount |
0 |
$300.00 |
1 |
$303.00 |
2 |
$306.03 |
3 |
$309.09 |
4 |
$312.18 |
5 |
$315.30 |
6 |
$318.46 |
7 |
$321.64 |
8 |
$324.86 |
9 |
$328.11 |
10 |
$331.39 |
11 |
$334.70 |
12 |
$338.05 |
13 |
$341.43 |
14 |
$344.84 |
15 |
$348.29 |
16 |
$351.77 |
17 |
$355.29 |
18 |
$358.84 |
19 |
$362.43 |
20 |
$366.06 |
21 |
$369.72 |
22 |
$373.41 |
23 |
$377.15 |
24 |
$380.92 |
25 |
$384.73 |
26 |
$388.58 |
27 |
$392.46 |
28 |
$396.39 |
29 |
$400.35 |
30 |
$404.35 |
$300 for 30 Years by Interest Rate
Rate |
Amount |
1% |
$404.35 |
2% |
$543.41 |
3% |
$728.18 |
4% |
$973.02 |
5% |
$1,297 |
6% |
$1,723 |
8% |
$3,019 |
10% |
$5,235 |
12% |
$8,988 |
15% |
$19,864 |
20% |
$71,213 |