1050*5/100
100
$1480.24
2532
I-bonds have an annual rate of interest. The best way to find the current rate of interest for an I-bond is to go to the website www.treasurydirect.gov and look up the rate.
Five years ago, the interest rates on mortgages was only at 0.5 percent. As of today, interest rate on mortgage soared to 2.5 percent. That is 500 percent increase for the past five years.
If you invest $1,000 today in a security paying 8 percent compounded quarterly, how much will the investment be worth seven years from today?
The total interest would be 73606.07 dollars, approx.
10795
You need to invest 42027.98
7,398,000
$1480.24
You cannot, even in a good economy. Today you might make 5 percent per year. In the good times, you might make 20 percent per year. But, never, 30 percent per month.
6084
10 percent.
2532
As of today, there was no one set interest rate in 1968. On a CD, the interest rate averaged between 5.53 percent and 6.39 percent in 1968. The 2013 rates on CDs are only 1.0 - 1.5 percent.
1 million pounds, go buy a bentley
The value of 15000 in 1950 compared to today is $148,124.36. This is based on an annual inflation of 3.64 percent resulting in a total inflation of 887.50 percent.