
01-02-2007, 06:25 PM
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calculation
Quote:
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Originally Posted by orange
okay, nana. give us a number.
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This is the compouding formula you need to do calculation, assuming starting with 500, and get 10% per month, there are 240 months in 20 years.
Total account value after 20 years = $500*(1+10%)^240
=$4,297,485,720,534
That's it.
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