Hi all,
Can someone please help me with the below.
If I invest 2,000,000 today at a rate of 1.14% for 10 years. I will have 2,240,059.16 at the end of the 10 years. Equivalent to receiving 10 payment of 24,005.94
How much would I need to invest at the same rates, to earn 74,000 per year, for 10 years??
Thanks : )
Can someone please help me with the below.
If I invest 2,000,000 today at a rate of 1.14% for 10 years. I will have 2,240,059.16 at the end of the 10 years. Equivalent to receiving 10 payment of 24,005.94
How much would I need to invest at the same rates, to earn 74,000 per year, for 10 years??
Thanks : )