Are Your Investment Fees Bleeding You Dry?

Topic: Compound Returns Over Time

q2Question: You don’t need that money from Auntie Mabel right away, so instead you leave it in your bank account to collect interest over 10 years.

How much does $10,000 become at a 1% annual rate after one decade?

Answers:

  1. $11,046
  2. $11,000
  3. $10,100
  4. $12,131

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