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Nairaland Forum / Nairaland / General / Business / What Profitable Business Can I Do With 5m Naira (1685 Views)
What Profitable Business Can I Do With 1 Million Naira. / What Profitable Business Can I Start With 30million / With 5m Naira, Which Business Can I Start In Ibadan? (2) (3) (4)
|What Profitable Business Can I Do With 5m Naira by Walecrsyler: 7:25pm On Dec 09, 2017|
|Re: What Profitable Business Can I Do With 5m Naira by AntiJudas(m): 9:07pm On Dec 09, 2017|
the fact u are looking for short term. 2018 to travel out. i dont see any kind of business of that nature other than car business.
|Re: What Profitable Business Can I Do With 5m Naira by Nebsochi: 9:47pm On Dec 09, 2017|
Walecrsyler:It's very paradoxical how people that have the capital don't know what to do with it while people that know what to do with the capital don't have it. There is no offline business that can guarantee such high returns that I know of in such a short period of time apart from online business which are as risky as they are profitable
|Re: What Profitable Business Can I Do With 5m Naira by Fxmanager(m): 4:49am On Dec 10, 2017|
Walecrsyler:We are here for you. Your #5,000,000 can currently give you an average of #250,000+ monthly return investing with us after performance fees. And if you want an average monthly return of more than #4,669,797+ after 60 months(5years) of your investment with us, you can do so using compound interest in your investment with us. This means after 60 months(5years) of your investment with us using compound interest, you will be getting an average monthly interest/income of more than #4,669,797 assuming you decide to start withdrawing your monthly interest. This will be possible as long as we stay under our working risk of 5-10% of your capital, and the maximum permissible risk of 30% to your capital. Note: we are doing everything possible to stay under 10% risk to our potential investor’s capital.
At 5% average monthly returns using compound interest without withdrawing funds from your account, your #5,000,000 will grow to more #93,395,930+(93million plus) in 60months(5years time).
How is it possible to turn #5,000,000 to #93,395,930+(93million plus) in 60months(5years time)?
It is possible through the power of compound interest as explained below.
Compound interest is the concept of adding accumulated interest back to the principal sum, so that interest is earned on top of interest from that moment on. The act of declaring interest to be added to the principal is called compounding.(I.e you decide to add the earned interest to the initial principal in the investment going forward)
Monthly compound interest formula
We are using monthly here ,since we are talking of monthly returns.
The formula for Monthly compound interest, including principal sum, is:
A = P (1 + r/n) (nt)
A = the future value of the investment, including interest(returns)
P = the principal investment amount (the initial deposit amount)
r = the monthly interest rate(returns) in decimal.
n = the number of times that interest is compounded per month (in this case once or one time)
t = the number of months the money is invested
Note that this formula gives you the future value of an investment, which is compound interest plus the principal. Should you wish to calculate the compound interest only, you need this:
Total compounded interest = P (1 + r/n) (nt) - P
Total compounded interest =A-P
Let's look at an example
Compound interest formula (including principal):
A = P(1+r/n)(nt)
If an amount of #5,000,000 is invested with us and we return a monthly interest rate (returns) of 5%, the value of the investment after 60months (I.e 5 years) can be calculated as follows...
P = #5,000,000. r = 5/100 = 0.05 (decimal). n = 1 (since we are compounding it once a month. t = 60.
If we plug those figures into the formula, we get:
A = #5,000,000(1 + 0.05 / 1) ^ (1(60)) = #93,395,930
So, the investment balance after 60 months (5years) is #93,395,930
Step-by-step explained, how we get the #93,395,930. This all revolves around BODMAS and the order of operations. Let's go through it:
A = #5,000,000(1 + 0.05 / 1) ^ (1(60))
Using the order of operations we work out the totals in the brackets first. Within the first set of brackets, you need to do the division first and then the addition (division and multiplication should be carried out before addition and subtraction). We can also work out the 1(60). This gives us...
A = #5,000,000(1 + 0.05) ^ 60
A = #5,000,000(1.05) ^ 60
The exponent goes next. So, we calculate (1.05) ^ 60.
This means we end up with:
You may have seen some examples giving a formula of A = P ( 1+r ) ^ t . This simplified formula assumes that interest is compounded once per period, rather than multiple times per period.
We have the best currency trading team here to assist you in building your #5,000,000 to over #93,395,930 in 5years (60 months) (you will be getting an average monthly interest/income of more than #4,669,797 assuming you decide to start withdrawing your monthly interest after that) and helping you live the life you deserve even without a job. You can give us a trial.
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|Re: What Profitable Business Can I Do With 5m Naira by kennystones: 7:33am On Dec 10, 2017|
Walecrsyler:you could invest in agriculture. But I don't think it will yield enough ,in just one year.you could also invest in sports.provide services that every one wants.don't actually know much on agriculture. But I know a lot about the sports own sha
|Re: What Profitable Business Can I Do With 5m Naira by rexandyke(m): 1:31pm On Dec 10, 2017|
Hello, I found a great article that I hope will help you in choosing ideas to invest your millions in. this post contains fresh ideas that will make millions for you.
|Re: What Profitable Business Can I Do With 5m Naira by Freak4achild(f): 10:57pm On Dec 10, 2017|
I have a proposal but first, I would like to know when exactly in 2018 you intend leaving the country. If it's towards the 6th or 8th month then we can definitely work something out.
|Re: What Profitable Business Can I Do With 5m Naira by lolostic: 11:21pm On Dec 10, 2017|
Venture in haulage 1.8m payBack 2.8 within 10months no need to buy trucks or bus whattassp me for more info 08062802467.
|Re: What Profitable Business Can I Do With 5m Naira by Futureinvestors(m): 10:42am On Dec 16, 2017|
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