MONEY MATTERS

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Friday, 25 December 2020

Millionaire Dream!

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Bob dougler Rob Berger - Dough Roller Here is where we calculate how long it will take you to be a millionaire. Let’s start with the Rule of...

Formula

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  Compound interest , or ' interest  on  interest ', is calculated with the  compound interest  formula. The formula for  compound i...

Rule of 70

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 How inflation erodes your investment

Rule of 144

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 Four times Advertiser Disclosure Nifty Tricks with the Rule of 72, 71, 70, 69.3, 114, 144 and My Favorites, 1.5 and 1,080,000 Written by Ro...

Rule of 114

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 Three times
Sunday, 1 November 2020

MONEY MATTERS-7

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 POWER OF COMPOUNDING The basic formula for compounding is FV = PV × (1+r) n where  FV  = Future Value PV  = Present Value r  = annual inter...
Friday, 9 October 2020

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 MONEY MATTERS-6 Rule of 72 When interest is compounded periodically, it is added to the principal for the next period and so on until matur...
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venkatesan
I retired on 31/8/2011 as CFO & Secretary of Sundaram Finance Ltd. after about 4 decades of service with the group.
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