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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