Lux Investing

What is the present value for $140,000 invested since 1969 assuming compound interest of 7%? 8%? THX!?

Public Comments

1. im not to sure
2. Assuming it's invested Jan. 1, 1969, I'm coming up with 457 months through Feb. 1, 2007, compounding monthly. At 7%: $1,997,657.48 At 8%: $2,916,671.78 Needless to say, time and compound interest is powerful. And every percentage point of earnings matters tremendously over time.
3. I believe it is about $513,000 at 7% and $565,000 at 8%
4. If you invested 140k in 1969 and got an average 7% annual return you would have $1,831,098.00 today which would actually be worth $593,288.26 (1969 dollars) based on 3.0% average inflation. At 8% you would have $2,816,141.68 today which would actually be worth $885,075.67 (1969 dollars) based on 3.0% average inflation. Use the forty-year investment calculator at the URL below to see. Good luck!