$300 at 9% Interest for 20 Years
How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 20 years at 9% interest, your initial investment of $300 will have grown to $1,681.
You will have earned $1,381 in interest.
How much will savings of $300 be worth in 20 years if invested at a 9.00% interest rate?
This calculator determines the future value of $300 invested for 20 years at a constant yield of 9.00% compounded annually.
Did Albert Einstein really say "Compound interest is the most powerful force in the universe?"
According to Snopes, the answer is probably not.
Nevertheless, investing money consistently over a long period of time has made many people very rich.
Growth of $300 at 9% Interest
| Year | Amount |
|---|---|
| 0 | $300.00 |
| 1 | $327.00 |
| 2 | $356.43 |
| 3 | $388.51 |
| 4 | $423.47 |
| 5 | $461.59 |
| 6 | $503.13 |
| 7 | $548.41 |
| 8 | $597.77 |
| 9 | $651.57 |
| 10 | $710.21 |
| 11 | $774.13 |
| 12 | $843.80 |
| 13 | $919.74 |
| 14 | $1,003 |
| 15 | $1,093 |
| 16 | $1,191 |
| 17 | $1,298 |
| 18 | $1,415 |
| 19 | $1,542 |
| 20 | $1,681 |
$300 for 20 Years by Interest Rate
| Rate | Amount |
|---|---|
| 1% | $366.06 |
| 2% | $445.78 |
| 3% | $541.83 |
| 4% | $657.34 |
| 5% | $795.99 |
| 6% | $962.14 |
| 8% | $1,398 |
| 10% | $2,018 |
| 12% | $2,894 |
| 15% | $4,910 |
| 20% | $11,501 |