answersLogoWhite

0


Best Answer

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/-

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How much money will you have if you invest fifty dollars a month at nine percent interest for forty years?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

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


What percent is fifty dollars of fifty thousand dollars?

.30 x 50000 = 15000


What is 1 percent of fifty million dollars?

One percent of $50,000,000 (fifty million dollars) is $500,000 (five hundred thousand dollars, or half a million dollars).


What is sixteen percent of fifty thousand dollars?

8000 dollars


What is 5 percent of fifty thousand dollars?

2500 dollars


What is six percent of fifty thousand dollars?

3000 dollars


What is fifty percent of forty dollars?

$20


What is 15 percent of fifty dollars?

$7.50


What is 25 percent of fifty dollars?

12.5


What is fifty percent of four hundred fifty?

Fifty percent means half. Half of four hundred is two hundred.


How much is Fifty million dollars at daily interest rate?

5 thousand dollars


What is 1.77 percent of fifty dollars?

89 cents