I want to know how long it will take for an initial investment of $10000 to reach $200000 if it grows at a compound rate of 15% per year.
6 answers
Isabella
Thu Nov 21 2024
Achieving significant growth in investments can be a lengthy process.
Lorenzo
Thu Nov 21 2024
Over a period spanning 21.4 years, the power of compounding can turn the initial sum into a substantial amount.
KimonoGlitter
Thu Nov 21 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to investors.
Margherita
Thu Nov 21 2024
For an initial investment of $10,000, reaching $200,000 involves substantial appreciation.
Giulia
Thu Nov 21 2024
Assuming an annual interest rate of 15%, the journey to doubling and then some can be substantial.