$600 at 7% Interest for 20 Years

How much money will your investment be worth if you let the interest grow?
Amount
$
Interest Rate
%
Years to Invest
After investing for 20 years at 7% interest, your $600 investment will have grown to $2,322

How much will savings of $600 be worth in 20 years if invested at a 7.00% interest rate?

This calculator determines the future value of $0.6k invested for 20 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
13 $1,446
14 $1,547
15 $1,655
16 $1,771
17 $1,895
18 $2,028
19 $2,170
20 $2,322
$600 for 20 Years by Interest Rate
Rate Amount
1% $732.11
2% $891.57
3% $1,084
4% $1,315
5% $1,592
6% $1,924
8% $2,797
10% $4,036
12% $5,788
15% $9,820
20% $23,003