$600 at 8% 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 8% interest, your $600 investment will have grown to $2,797

How much will savings of $600 be worth in 20 years if invested at a 8.00% interest rate?

This calculator determines the future value of $0.6k invested for 20 years at a constant yield of 8.00% 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 8% Interest
Year Amount
0 $600.00
1 $648.00
2 $699.84
3 $755.83
4 $816.29
5 $881.60
6 $952.12
7 $1,028
8 $1,111
9 $1,199
10 $1,295
11 $1,399
12 $1,511
13 $1,632
14 $1,762
15 $1,903
16 $2,056
17 $2,220
18 $2,398
19 $2,589
20 $2,797
$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