When you’re building wealth through investing, the long-term growth is amazing. If you were to invest $350 per month at a 12% rate of return, how much money would you actually contribute over 30 years? Over 40 years? How much of those totals would come from the growth of your investments at 30 years? At 40 years?

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02-02-2022
Business

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When you’re building wealth through investing, the long-term growth is amazing. If you were to invest $350 per month at a 12% rate of return, how much money would you actually contribute over 30 years? Over 40 years? How much of those totals would come from the growth of your investments at 30 years? At 40 years?

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jacobrandolph jacobrandolph · Answer 1 · 2022-02-02T13:01:24-05:00

jacobrandolph jacobrandolph

02-02-2022

Answer

at 40 years if you were to invest 350 per monthly you would have around $60,537,881.44

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schwartzte schwartzte · Answer 2 · 2022-02-08T09:57:07-05:00

schwartzte schwartzte

08-02-2022

Answer:

You would contribute 126,000 if it was over the period of 30 years, and you would contribute 168,000 if it was over the period of 40 years. Over those 30 years the amount that came from the growth of the investment would be 1,097,236. Over those 40 years the amount that came from the growth of the investment would be 3,949,667

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