In my pursuit of shedding things I no longer want to maintain, I am letting go of the loose change collection. My sons and I rolled up the coins. In the cache, we found three Canadian coins and one Chuck-E-Cheese token.
Brian found a 1946 Lincoln Wheat Penny. I went to ebay it to see if it was of any value. I think he struck gold!
We ended up with the grand fortune of $60.60 which I have taken to the bank so that it can earn interest and make us wealthy. I went to a savings calculator to see the mighty power of compound interest.
Brian found a 1946 Lincoln Wheat Penny. I went to ebay it to see if it was of any value. I think he struck gold!
We ended up with the grand fortune of $60.60 which I have taken to the bank so that it can earn interest and make us wealthy. I went to a savings calculator to see the mighty power of compound interest.
| The Results | ||||||||||||||||||||||||
| Your monthly deposit of $0.00 for 10 years with an interest rate of .05% compounded Monthly with an initial starting balance of $60.60 | ||||||||||||||||||||||||
| ||||||||||||||||||||||||
| Final Savings Balance: $60.90 | ||||||||||||||||||||||||
Whoopee!
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