$600 at 2% 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 2% interest, your $600 investment will have grown to $1,325

How much will savings of $600 be worth in 40 years if invested at a 2.00% interest rate?

This calculator determines the future value of $0.6k invested for 40 years at a constant yield of 2.00% 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 2% Interest
Year Amount
0 $600.00
1 $612.00
2 $624.24
3 $636.72
4 $649.46
5 $662.45
6 $675.70
7 $689.21
8 $703.00
9 $717.06
10 $731.40
11 $746.02
12 $760.95
13 $776.16
14 $791.69
15 $807.52
16 $823.67
17 $840.14
18 $856.95
19 $874.09
20 $891.57
21 $909.40
22 $927.59
23 $946.14
24 $965.06
25 $984.36
26 $1,004
27 $1,024
28 $1,045
29 $1,066
30 $1,087
31 $1,109
32 $1,131
33 $1,153
34 $1,176
35 $1,200
36 $1,224
37 $1,248
38 $1,273
39 $1,299
40 $1,325
$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