Determine which is a better financial deal? If you put your savings in a little metal box,
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Question:
If you put your savings in a little metal box, and save it for a year. It will be worth the face value of those dollars as of the begging of the year, a year ago. If that had been invested at 10% in stock or 3.7% in bonds, $100 would now be worth $110 with stock or $103.70 with bonds, on the average for 2018. Now, with compound interest, that money will grow even faster.
Related Book For
Financial Management for Public Health and Not for Profit Organizations
ISBN: 978-0132805667
4th edition
Authors: Steven A. Finkler, Thad Calabrese
Posted Date: