Assume the total cost of a university education will be €290,000 when your child enters college in 18 years. You currently have €40,000 to invest. What annual rate of interest must you earn on your investment to cover the cost of your child’s univer
Back
Card 10
Front
At 6 per cent interest, how long does it take to double your money? To quadruple it?
Back
Card 11
Front
if asked about percentage increase
Back
Card 12
Front
if you are asked "what rate of return?"
Back
Card 13
Front
if aksed about years....
Back
Card 14
Front
You expect to receive €10,000 at graduation in two years. You plan on investing it at 10 per cent until you have €75,000. How long will you have to wait from now?
Back
Card 15
Front
if asked why is a 10 year value worth less than a 1 year value:
