Sunday, September 26, 2010

Make A Million Dollars

When do you make a million $s with these banks? look at my spreadsheet...
My results were...
1,000 @ 3% you would reach 1,000,000 at age 234
1,000 @ 4% you would reach 1,000,000 at age 177
1,000 @ 5% you would reach 1,000,000 at age 142
10,000 @ 3% you would reach 1,000,000 at age 156
10,000 @ 4% you would reach 1,000,000 at age 118
10,000 @ 5% you would reach 1,000,000 at age 95
100,000 @ 3% you would reach 1,000,000 at age 78
100,000 @ 4% you would reach 1,000,000 at age 59
100,000 @ 5% you would reach 1,000,000 at age 48

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