Investing and Financial Markets

Currency Conversions

# If you put 100 dollars at 10 percent interest for 100 years how much money would you have?

###### Wiki User

###### November 10, 2009 7:29AM

## One Hundred $ at 10% int for 100 years

You would have $1,378,061.23.

If you want to know how this is done. you use the mathematical Formula for interest rates which is P(1+r)^t where P = Principal (100) r = Rate (10% or .1) and t = Time = 100 years. so 100(1+r)^100 = 1,378,061.234