$400 at 3% interest for 40 years

How much money will your investment be worth if you let the interest grow?
$
%
After investing for 40 years at 3% interest, your $400 investment will have grown to $1,305

How much will savings of $400 be worth in 40 years if invested at a 3.00% interest rate?

This calculator determines the future value of $400 invested for 40 years at a constant yield of 3.00% 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.
Growth of $400 at 3% Interest
Year Amount
0 $400.00
1 $412.00
2 $424.36
3 $437.09
4 $450.20
5 $463.71
6 $477.62
7 $491.95
8 $506.71
9 $521.91
10 $537.57
11 $553.69
12 $570.30
13 $587.41
14 $605.04
15 $623.19
16 $641.88
17 $661.14
18 $680.97
19 $701.40
20 $722.44
21 $744.12
22 $766.44
23 $789.43
24 $813.12
25 $837.51
26 $862.64
27 $888.52
28 $915.17
29 $942.63
30 $970.90
31 $1,000
32 $1,030
33 $1,061
34 $1,093
35 $1,126
36 $1,159
37 $1,194
38 $1,230
39 $1,267
40 $1,305
$400 for 40 Years by Interest Rate
Rate Amount
1% $595.55
2% $883.22
3% $1,305
4% $1,920
5% $2,816
6% $4,114
8% $8,690
10% $18,104
12% $37,220
15% $107,145
20% $587,909
Do you have an idea for a simple online tool that would be useful for you or your business?
Please let us know!