17

Dr. Kevin Bracker, Dr. Fang Lin and Jennifer Pursley

The table below represents the Future Value of a $250 per month investment that was discussed in Chapter 3.

Table: Future Value of $250 per month investment

Years/Rate of Return 5% 10% 15%
1 $3,069.71 $3,141.39 $3,215.09
5 $17,001.52 $19,359.27 $22,143.63
10 $38,820.57 $51,211.24 $68,804.26
15 $66,822.24 $103,617.59 $167,126.69
20 $102,758.42 $189,842.21 $374,309.87
25 $148,877.43 $331,708.35 $810,882.40
30 $208,064.66 $565,121.98 $1,730,819.90
35 $284,023.11 $949,159.51 $3,669,295.04
40 $381,505.04 $1,581,019.90 $7,754,013.69
45 $506,609.32 $2,620,625.43 $16,361,256.65
50 $667,162.99 $4,331,097.70 $34,498,278.44

 

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Business Finance Essentials Copyright © 2018 by Dr. Kevin Bracker, Dr. Fang Lin and Jennifer Pursley is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License, except where otherwise noted.

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