Monday, February 26, 2018

Virtual Day #3 for 4th Period only

Use the handout or this link to learn about how nations save money. 
Answer the questions 1 - 6.

Using your answers from #4, calculate the monthly amount of savings of  ---- (divide by 12)
a Japanese
an American
a Frenchman

Use the tool below to calculate this person's wealth in 5, 10, 20, and 40 years if they contribute that monthly amount at 7% (historical interest rate of index funds).

Investment Tool      Create a chart to record your data or input into this spreadsheet

Based on these results, which nation will have the wealthiest people after 40 years?



No comments:

Post a Comment