All Questions
5 questions
2
votes
2
answers
136
views
Find ending balance given return rate and amount added each year
If I have an investment that grows 10% per year, and every year I add an amount, is there a formula that can be used to find my ending balance after n years?
The following demonstrates this:
year 0: ...
- 174
5
votes
4
answers
3k
views
Do pension pots get interest? [closed]
Pension pot is the money, the employee and sometimes the employer and the government pay that gets accumulated into pension fund.
But my question is, that this pension fund is basically a bank ...
- 153
11
votes
4
answers
93k
views
How does compound interest work with stocks? [duplicate]
I just learned about compound interest, and I want to know if I understood it right: You buy a stock, and then you just keep it. And over time, you will just earn interest on your interest. Is that ...
- 111
1
vote
2
answers
139
views
Time given future value of reoccurring deposit
I've recently come across the follow formula for calculating future value with reoccurring deposits formula. However, I have been unable to solve for t. I essentially want to find how long it will ...
- 23
1
vote
1
answer
6k
views
Annuities and varying interest rates?
The gist: Let's say I have $12,000 and have $240 a week in which I can invest into an ordinary annuity. Let's say I invest $1040 a month as opposed to $240 a week. The interest rate is 3% p.a. ...
- 153