How much would compound interest be on $1000 at 3% for 78 years?

$10,030.06

Bankrate.com has a good calculator.

No idea because I never planned on living 78 years.

Yes, with annual compounding. Monthly compounding would be $10,350.97

Generational wealth, right there.

And at the average stock market return for the last 78 years, (11%) the return would be $3,428,196.

Hope you enjoy the safety of that CD.

Are we doing interest equation of the month threads now?


https://www.24hourcampfire.com/ubbthreads/ubbthreads.php/topics/17981341/math-question#Post17981341

If you don't laugh I'll tell you what I'm doing. My wife is a Q-anon disciple. She constantly gives me these numbers that Q is gonna put in her bank account. And just in case something is true I want to have an idea what we're talking about.

She constantly tells me, "You bring negativity to our conversation."

Well, I laughed.

Why don't you save everyone else's time and go straight to Eyeball (jagofftx?) - he knows Que.



....or handle your ol' lady.

she ain't getting fleeced like jag, is she?

What does that mean?

Is your last name Moriarty?

Connect dots

by rule of 72, your money would doube every 24 years approximately or approximately 3.25 time.
start with 1000,
Double 1x to 2000
Double 2x to 4000
Double 3x to 8000
another .25 times gets to 10,000, plus some change. Just rough numbers.

She sounds like a reasonable woman....

What does that mean?

What do you mean, what does that mean?

It means what it means.

If you don’t know what it means, it means you’re behind the 8 ball, under the mud, lost, gone, beyond help, etc.

Trust the plan, the patriots are in control of the banking system lol

C'mon, silly CYA FBY Klaus Schwab WEF Sorros plant. Don't play with me.