$600 at 7% Interest for 12 Years

How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 12 years at 7% interest, your $600 investment will have grown to $1,351

How much will savings of $600 be worth in 12 years if invested at a 7.00% interest rate?

This calculator determines the future value of $0.6k invested for 12 years at a constant yield of 7.00% 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 7% Interest
Year Amount
0 $600.00
1 $642.00
2 $686.94
3 $735.03
4 $786.48
5 $841.53
6 $900.44
7 $963.47
8 $1,031
9 $1,103
10 $1,180
11 $1,263
12 $1,351
$600 for 12 Years by Interest Rate
Rate Amount
1% $676.10
2% $760.95
3% $855.46
4% $960.62
5% $1,078
6% $1,207
8% $1,511
10% $1,883
12% $2,338
15% $3,210
20% $5,350