If you invest 1000 in year 1 and leave it alone for 50


If you invest $1,000 in year 1 and leave it alone for 50 years and earn 15% per year, then:

  • How much money will you have at the end of the 50 years?
  • How much of the ending amount is due to the Principal?
  • How much of the ending amount is due to Simple Interest?
  • How much of the ending amount is due to Interest on Interest?
  • How much of the ending amount is due to Compound Interest?
  • What amount amazes you the most?

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Finance Basics: If you invest 1000 in year 1 and leave it alone for 50
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