$700 at 7% interest for 12 years

How much money will your investment be worth if you let the interest grow?
$
%
After investing for 12 years at 7% interest, your $700 investment will have grown to $1,577

How much will savings of $700 be worth in 12 years if invested at a 7.00% interest rate?

This calculator determines the future value of $700 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 $700 at 7% Interest
Year Amount
0 $700.00
1 $749.00
2 $801.43
3 $857.53
4 $917.56
5 $981.79
6 $1,051
7 $1,124
8 $1,203
9 $1,287
10 $1,377
11 $1,473
12 $1,577
$700 for 12 Years by Interest Rate
Rate Amount
1% $788.78
2% $887.77
3% $998.03
4% $1,121
5% $1,257
6% $1,409
8% $1,763
10% $2,197
12% $2,727
15% $3,745
20% $6,241
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