$600 at 1% Interest for 40 Years

How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 40 years at 1% interest, your $600 investment will have grown to $893.32

How much will savings of $600 be worth in 40 years if invested at a 1.00% interest rate?

This calculator determines the future value of $0.6k invested for 40 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.
Growth of $600 at 1% Interest
Year Amount
0 $600.00
1 $606.00
2 $612.06
3 $618.18
4 $624.36
5 $630.61
6 $636.91
7 $643.28
8 $649.71
9 $656.21
10 $662.77
11 $669.40
12 $676.10
13 $682.86
14 $689.68
15 $696.58
16 $703.55
17 $710.58
18 $717.69
19 $724.87
20 $732.11
21 $739.44
22 $746.83
23 $754.30
24 $761.84
25 $769.46
26 $777.15
27 $784.93
28 $792.77
29 $800.70
30 $808.71
31 $816.80
32 $824.96
33 $833.21
34 $841.55
35 $849.96
36 $858.46
37 $867.05
38 $875.72
39 $884.47
40 $893.32
$600 for 40 Years by Interest Rate
Rate Amount
1% $893.32
2% $1,325
3% $1,957
4% $2,881
5% $4,224
6% $6,171
8% $13,035
10% $27,156
12% $55,831
15% $160,718
20% $881,863