Tuesday, March 25, 2008
Fed helps market go up
The DOW went up over 400 points on Tuesday. Why? What did The Federal Reserve do to encourage the market to go up?
Monday, March 17, 2008
Compound Interest and the Rule of 72
Explain, in your own words the concept of 'compound interest' and 'the rule of 72'. Use examples.
Also using the Compound Interest Calculator - find out how much money you would have if you saved $1 per day ($365 per year) from age 18 to 65 (retirement age). Use 8% interest in your calculation; which is about how much the overall US stock market goes up each year.
Also using the Compound Interest Calculator - find out how much money you would have if you saved $1 per day ($365 per year) from age 18 to 65 (retirement age). Use 8% interest in your calculation; which is about how much the overall US stock market goes up each year.
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