Mathematical Calculation - Please Calculate And Tell What Percent It Is - Education

Mathematical Calculation - Please Calculate And Tell What Percent It Is - Education - Nairaland

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Mathematical Calculation - Please Calculate And Tell What Percent It Is by sacajawea(op): 12:41pm On Jun 24

You have money in an Investment that's locked for a longtime and will only be accessible in unique, long-term situations (Pension-like).
As at mid 2018 the money in it is about ₦2.9... million, almost 3M, and by mid 2025 the money in it is around ₦6.9... more or less 7M.

How much Percent has it added averagely every year since 2018?

Re: Mathematical Calculation - Please Calculate And Tell What Percent It Is by being(m): 3:41pm On Jun 24

In real terms excluding inflation? Or nominal rate of return which is 13.2%?

sacajawea:
You have money in an Investment that's locked for a longtime and will only be accessible in unique, long-term situations (Pension-like).
As at mid 2018 the money in it is about ₦2.9... million, almost 3M, and by mid 2025 the money in it is around ₦6.9... more or less 7M.

How much Percent has it added averagely every year since 2018?

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Re: Mathematical Calculation - Please Calculate And Tell What Percent It Is by sacajawea(op): 8:23pm On Jun 24

being:
In real terms excluding inflation? Or nominal rate of return which is 13.2%?

13.2%... hmm are you sure Sir?
Thank you for your replying.

I'm Just trying to know the money it has added on top, yes we all know it has lost lots of value already due to Naira devaluation and so many things. Just what percentage interest has it gained averagely yearly.

Re: Mathematical Calculation - Please Calculate And Tell What Percent It Is by being(m): 9:12pm On Jun 24

Yes d compound interest rate is 13.2%

sacajawea:
13.2%... hmm are you sure Sir?
Thank you for your replying.

I'm Just trying to know the money it has added on top, yes we all know it has lost lots of value already due to Naira devaluation and so many things. Just what percentage interest has it gained averagely yearly.

Re: Mathematical Calculation - Please Calculate And Tell What Percent It Is by sacajawea(op): 1:26pm On Jun 25

being:
Yes d compound interest rate is 13.2%

So it's 92.4% total in the 7 years?

Re: Mathematical Calculation - Please Calculate And Tell What Percent It Is by sacajawea(op): 9:25am On Jul 09

More inputs needed and appreciated

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