Calculate my total investment for 17 year MMMF if I invest #5 deposit
Fokona Latest Questions
With compounding interest, calculate the total interest of the capital of 2.5m where interest is 16.77% per anume. If I invest 2.5m naira. What’s gonna be my 12 months return of interest
For compounding tenor of mmf which is better,monthly, quarterly,half yearly or yearly.
What investment can you recommend for a ten years monthly investment that is secure and compound it’s interest
Which investment platform good for compound interest for my salary with initial deposit of #400000 and #20000 monthly for the next 10years
What will be the interest in a month if 20,000 is invested monthly with an interest rate of 17% per year?
Want to invest in compound interest platform, which applications did you suggest for to use
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’s the difference or similarity between COMPOUND INTEREST and ANNUITIES?
Let’s say I want to save 10,000 per month for two years and the interest for each month is 0.25%, how do I calculate to know my total interest for the two month.