Showing posts with label Compound Interest. Show all posts
Showing posts with label Compound Interest. Show all posts

Saturday, 17 June 2017

Surprising financial statistics

This week's blog post has a financial theme to it, but rather than just list random financial facts and statistics, I've instead made it into a two part quiz...

Money, pictured yesterday.

1) Interested in interest


If you put 10 pence in a bank account and got 5% interest every year on the balance in your account, how much would you have after 500 years?

A) £2.55
B) £5.10
C) £84.62
D) £3,932,326,182.72

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More blog posts by Charles Fudgemuffin