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7300 dollars

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Q: If you invest 1 DOLLAR per day for 20 years how much money will you have?
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If you invest 50 per month at an interest rate of 9 for 40 years how much money will you have after 40 years?

234,066.01


How much is 1 dollar in UK money?

how much is 1 us dollar in UK money


A dollar paid to you tomorrow is worth more than a dollar paid to you today if the interest rate is high rather than low?

the concept is the "the present value of future dollars vs the future value of present dollars" A dollar in hand has the potential to make money, how much money it can make is it's future value. The real intrigue with this is the concept of compound interest. today I invest my present DOLLAR, Lets say it makes 10 cents now I have $1.10 to invest and if I get the same rate of return I will make .11 cents and have $1.21 to invest. At a constant rate of 10% return I would double my money in about 8 years & 2 months. HOWEVER in year #12 I would have tripled my original DOLLAR and in year #15 my single Dollar would be worth over 4 dollars... So lets turn that around: if someone says to you LOAN me a (present) DOLLAR and I will pay you $2 (Future) in 10 years, that doesn't seem like as much of a good deal plus if you add in inflation and RISK, the $2 they pay you back with may not buy as much and that would make it an even worse deal.


How much money will you have if you invest fifty dollars a month at nine percent interest for forty years?

You would have approximately 200 thousand dollars or more.Assuming, the money is compounded every year, the amount at the end of 40 years would be $220,975.12/-


How much money for one dollar in US?

One dollar is one dollar (1$)

Related questions

If you invest 50 per month at an interest rate of 9 for 40 years how much money will you have after 40 years?

234,066.01


How do people decide how much money to invest?

There are many ways how people decide how much money they should invest. It will depend mostly on their circumstance, to gain advice on how much to invest it is best to visit your bank.


If you invest fifty dollars per month at an interest rate of 9 percent for forty years how much money will you have after forty years?

$120,000


How much is 1 dollar in UK money?

how much is 1 us dollar in UK money


A dollar paid to you tomorrow is worth more than a dollar paid to you today if the interest rate is high rather than low?

the concept is the "the present value of future dollars vs the future value of present dollars" A dollar in hand has the potential to make money, how much money it can make is it's future value. The real intrigue with this is the concept of compound interest. today I invest my present DOLLAR, Lets say it makes 10 cents now I have $1.10 to invest and if I get the same rate of return I will make .11 cents and have $1.21 to invest. At a constant rate of 10% return I would double my money in about 8 years & 2 months. HOWEVER in year #12 I would have tripled my original DOLLAR and in year #15 my single Dollar would be worth over 4 dollars... So lets turn that around: if someone says to you LOAN me a (present) DOLLAR and I will pay you $2 (Future) in 10 years, that doesn't seem like as much of a good deal plus if you add in inflation and RISK, the $2 they pay you back with may not buy as much and that would make it an even worse deal.


How much can you invest in a buffet that you are about to open?

As much as you want, if you either have or can borrow the money to do it.


If you start with 1 dollar and double your money every year how much will you have in twenty years?

1048576 dollars


How much money is a 1872 silver dollar coin?

do you know how much money a silver 1872 dollar coin is and a 1922 silver dollar coin


What is better to invest in gold or silver coins?

That depends on the amount of money you have. If you have lots I would invest in gold but if you don't have much to spend I would invest in silver.


How much money jay z invest in the nets?

He got 10,000,000


How much money will you have if you invest fifty dollars a month at nine percent interest for forty years?

You would have approximately 200 thousand dollars or more.Assuming, the money is compounded every year, the amount at the end of 40 years would be $220,975.12/-


How much money for one dollar in US?

One dollar is one dollar (1$)