7300 dollars
234,066.01
how much is 1 us dollar in UK money
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.
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 $220,975.12/-
One dollar is one dollar (1$)
234,066.01
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.
$120,000
how much is 1 us dollar in UK money
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.
As much as you want, if you either have or can borrow the money to do it.
1048576 dollars
do you know how much money a silver 1872 dollar coin is and a 1922 silver dollar coin
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.
He got 10,000,000
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 $220,975.12/-
One dollar is one dollar (1$)