01-02-2007, 07:08 PM
|
|
Super Member
|
|
Join Date: Jun 2006
Location: Washington DC
|
|
Quote:
|
Originally Posted by nana
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.
|
Nana you are too conservative ... we are aiming 10% per week not month .. pls redo your calculations 
__________________
If only we have some patience .....
|