Interest = Principal x Rate x Time (years)
= $1000000 x 0.05 x 75
= $3750000
$3750000 + $1000000 = $4750000
Answer: $1M will be $4.75M at 5% interest after 75 years
225,530.30
1/10th of 1 percent
A million dollars.
$280.51
If the rate is 6 percent per year, then compounding daily will make no difference. If the rate is 6% per day, then 2000 dollars will be worth approx 1.0042*10^68 dollars. That is approx one hundred million trillion trillion trillion trillion trillion dollars.
4.5 million dollars in 1962 was worth about $35.3 million in 2015.
3 million dollars in 1950 was worth about $29.5 million in 2015.
A million dollars in 1830 would be worth almost $26 million today.
1.3 million dollars in 1960 was worth $10,409,530.41 in 2015.
Andre 3000 is worth $45 Million dollars and Big Boi is worth $40 Million dollars.
2 million dollars
Approximately $9.5 million dollars.