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 Posts: 15,675, 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 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 10 years. \$0.00 per month 10% compounded annually \$500,000.00 \$796,871.22 \$1,296,871.22

Savings 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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