SolitaryRoad.com

Website owner: James Miller

[ Home ] [ Up ] [ Info ] [ Mail ]

A series of payments of $1.00 a year for 50 years, invested at a rate of return of 6% per annum, accumulates to a sum of $290.33 at the end of the 50 years. If at the age of 30 one started saving $10,000 per year, investing it at an after-tax return of 6%, it would grow to $2,903,300 by the time he was 80 years old. Oct 1992

[ Home ] [ Up ] [ Info ] [ Mail ]