thuy_bui86
Oct 21, 2018, 03:02 PM
If I buy a 10 year, $500,000.00 bond that pays 10% interest annually, how much cash will I actually receive?
ma0641
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
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/savings/compound-savings-calculator-tool.aspx