|
Prev
| Next
| Contents
8.9 200% INTEREST ON YOUR MONEY; FINANCIAL MATH, SIMPLE MATHEMATICS, EXAMPLES FOR
PERSONAL FINANCES
If
you can "find" an extra $200 or so, how much of a return could you get if you invested it
in stocking-up your pantry at sale or close-out prices?
Let's
say you can stock-up every three months at a third less than you are paying now. That
means that you would pay $200 for what had previously cost you $300, a savings of
$100.
Since
you do this four times a year, you would have saved $400 in a year's time. In percentages
you received an annual return of 200% on your initial investment of $200.
Prev
| Next
| Contents
|
