If I buy a 10 year, $500,000.00 bond that pays 10% interest annually, how much cash will I actually receive?
If I buy a 10 year, $500,000.00 bond that pays 10% interest annually, how much cash will I actually receive?
During what time? One year, 10 years? How is interest paid, quarterly? annually? Compounded? Your question needs more details to give you an answer.
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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