$340,000 at 1% Interest for 10 Years

How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 10 years at 1% interest, your initial investment of $340,000 will have grown to $375,572.
You will have earned $35,572 in interest.
How much will savings of $340,000 be worth in 10 years if invested at a 1.00% interest rate?
This calculator determines the future value of $340k invested for 10 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?"
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 $340,000 at 1% Interest
Year Amount
0 $340,000
1 $343,400
2 $346,834
3 $350,302
4 $353,805
5 $357,343
6 $360,917
7 $364,526
8 $368,171
9 $371,853
10 $375,572
$340,000 for 10 Years by Interest Rate
Rate Amount
1% $375,572
2% $414,458
3% $456,932
4% $503,283
5% $553,824
6% $608,888
8% $734,034
10% $881,872
12% $1,055,988
15% $1,375,490
20% $2,105,190