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    thuy_bui86's Avatar
    thuy_bui86 Posts: 1, Reputation: 1
    New Member
     
    #1

    Oct 21, 2018, 03:02 PM
    Accounting question
    If I buy a 10 year, $500,000.00 bond that pays 10% interest annually, how much cash will I actually receive?
    ma0641's Avatar
    ma0641 Posts: 15,681, Reputation: 1012
    Uber Member
     
    #2

    Oct 22, 2018, 12:50 PM
    During what time? One year, 10 years? How is interest paid, quarterly? annually? Compounded? Your question needs more details to give you an answer.
    Specter1's Avatar
    Specter1 Posts: 85, Reputation: 2
    Junior Member
     
    #3

    Aug 19, 2019, 06:14 AM
    If you save $0.00 per month your savings may grow to $1,296,871.22 after 10 years. This includes a starting balance of $500,000.00 and a 10% annual rate of return.

    Starting amount $500,000.00
    Years 10 years.
    Additional contributions $0.00 per month
    Rate of return 10% compounded annually
    Total amount you will have contributed $500,000.00
    Total interest $796,871.22
    Total at end of investment $1,296,871.22


    Savings Balance

    Year Additions Interest Balance
    Start $500,000.00 $500,000.00
    1 $0.00 $49,999.98 $549,999.98
    2 $0.00 $54,999.99 $604,999.97
    3 $0.00 $60,500.00 $665,499.97
    4 $0.00 $66,550.00 $732,049.97
    5 $0.00 $73,204.99 $805,254.96
    6 $0.00 $80,525.50 $885,780.46
    7 $0.00 $88,578.06 $974,358.52
    8 $0.00 $97,435.86 $1,071,794.38
    9 $0.00 $107,179.45 $1,178,973.83
    10 $0.00 $117,897.39 $1,296,871.22

    https://www.bankrate.com/calculators...ator-tool.aspx

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