$600 at 3% 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 3% interest, your $600 investment will have grown to $1,957

How much will savings of $600 be worth in 40 years if invested at a 3.00% interest rate?

This calculator determines the future value of $0.6k 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 $600 at 3% Interest
Year Amount
0 $600.00
1 $618.00
2 $636.54
3 $655.64
4 $675.31
5 $695.56
6 $716.43
7 $737.92
8 $760.06
9 $782.86
10 $806.35
11 $830.54
12 $855.46
13 $881.12
14 $907.55
15 $934.78
16 $962.82
17 $991.71
18 $1,021
19 $1,052
20 $1,084
21 $1,116
22 $1,150
23 $1,184
24 $1,220
25 $1,256
26 $1,294
27 $1,333
28 $1,373
29 $1,414
30 $1,456
31 $1,500
32 $1,545
33 $1,591
34 $1,639
35 $1,688
36 $1,739
37 $1,791
38 $1,845
39 $1,900
40 $1,957
$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