SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: Broken_Clock who wrote (74721)5/14/2010 12:46:21 PM
From: Bread Upon The Water  Read Replies (1) | Respond to of 149317
 
As the other gentlemen said you would have to calculate it out from the first year to the last. Using 6% as the average interest rate your stake would double every 12 years (rule of 72). So your 1st years contribution would have doubled about 3 and 3/4 times (12 into 45) with a corresponding decrease in doubling periods each year.

If that produces over 260K you would be ahead of the game of the average benefit.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News