it is the interest rate that makes the difference.....$100 wk...

  1. 19,112 Posts.
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    it is the interest rate that makes the difference.....

    $100 wk for 15yrs....at what rate can you achieve ??

    $100 wk for 15yrs @ 20% compounded = $482,470

    $100 wk for 15yrs @ 5% compounded = $115,825

    big difference....

    another way-



    cheers
 
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