Year 17990 BC.
Assuming that the 10 % stated is per year, the investment will earn 0.10 X 20000 = 2000 per year. The years required to earn 4000 will be 4000/2000 = 2.
25 years from now (2017), it will be the year 2042.
15 years ago from now
With compound interest - the balance after 7 years would be 26336.18
Year 17990 BC.
Twenty thousand years from now will be the year 22013. It is possible but it seems unlikely that we (if we still exist) will still be reckoning years in the same way. For all we know it will be year 1492 from the birth of Zapsock I, Emperor of The Solar System.
20000 - 20000(.10)(5) = $10000 **That is assuming there was no real damage done!
kid, you dont.
from a thousand years from now the year will be 3013
20000 / 12 = 1666.67
After 5 years, 20000 at 7% per annum compounded semiannually will be 20000*(1 + 0.5*7/100)2*5 = 20000*(1.035)10 = 28211.98
50,940 dollars
Assuming that the 10 % stated is per year, the investment will earn 0.10 X 20000 = 2000 per year. The years required to earn 4000 will be 4000/2000 = 2.
20000 days on Earth is equal to roughly 54.8 years.
Year Amount Disc Rate Present Value 1 20000 1.0700 18692 2 20000 1.1449 17469 3 20000 1.2250 16326 4 20000 1.3108 15258 5 20000 1.4026 14260 6 20000 1.5007 13327 7 20000 1.6058 12455 8 20000 1.7182 11640 9 20000 1.8385 10879 10 20000 1.9672 10167 Total PV 140472
20000 years