Want to invest in compound interest platform, which applications did you suggest for to use
Fokona Latest Questions
What are the rates? Which institution can last for 30 years? What other investment has compounding interest apart from fixed deposit?
For compounding tenor of mmf which is better,monthly, quarterly,half yearly or yearly.
What’s the difference or similarity between COMPOUND INTEREST and ANNUITIES?
Example Scenario 1: My initial investment is 50,000, monthly contribution is 50,000 and 2 months later i contributed 500,000 Scenario 2. My initial investment 500,000 and monthly contributions is 50,000. In both scenario, both at 20 year period and at 15%. ...Read more
What will be the interest in a month if 20,000 is invested monthly with an interest rate of 17% per year?
I invested #1,000,000 in a money market fund. i did not withdraw any interest. Over time, my Balance grew to about #1,150,000 and later #1,175,000. However I observed that my periodic returns do not increase in proportion to my growing ...Read more
Which investment platform good for compound interest for my salary with initial deposit of #400000 and #20000 monthly for the next 10years
Kindly explain Compound Interest in a way that even Mama Ngozi that sells Tomatoes in a village market will understand
What investment can you recommend for a ten years monthly investment that is secure and compound it’s interest