1. If you put $500 into a regular savings account in the bank
when you are 18 years old, and add $50 each month, how much will you have when
you are 68 years old (50 years later)?
$39,500.23
2. If you put $500 into a regular savings account in the
bank when you are 30 years old, and add $50 each month, how much will you have
when you are 68 years old (38 years later)?
$28,301.40
3. If you put $500 into a regular savings account in the
bank when you are 40 years old, and add $50 each month, how much will you have
when you are 68 years old (28 years later)?
$19,938.10
4. If you put $5000 into a regular savings account in the
bank when you are 30 years old, and add $500 each month, how much will you have
when you are 68 years old (50 years later)?
$395,002.25
5. If you put $5000 into a regular savings account in the
bank when you are 40 years old, and add $500 each month, how much will you have
when you are 68 years old (28 years later)?
$199,381.03
No comments:
Post a Comment