If you invest $1,000 in year 1 and leave it alone for 50 years and earn 15% per year, then:
- How much money will you have at the end of the 50 years?
- How much of the ending amount is due to the Principal?
- How much of the ending amount is due to Simple Interest?
- How much of the ending amount is due to Interest on Interest?
- How much of the ending amount is due to Compound Interest?
- What amount amazes you the most?