If I save 200 a month, how much will it be after 5 years? Will the money depreciate again?

Updated on Financial 2024-05-23
10 answers
  1. Anonymous users2024-02-11

    I don't agree with you saving money, depreciation is for sure. And it's going to be very depreciating!!

    I advise you to chase science and technology, and use any money to chase technology.

    Otherwise, you'll regret it, who is still short of that money now?

    The annual interest is 100,000*

    The interest for 10 years is 10*5940=59400

    The principal and interest is 100,000 + 59,400 = 159,400 If you want to calculate compound interest, you have to save for one year and redeposit at maturity, then it is not this interest, yes, 100,000 * one year principal and interest 102250 ten-year principal and interest is.

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  2. Anonymous users2024-02-10

    If you have money, invest it!! I don't want to save money these days!

  3. Anonymous users2024-02-09

    Yuan. There are formulas to come from. The formula for calculating the interest on fixed savings is:

    Interest Monthly deposit amount Accumulated monthly interest rate Monthly interest rate. The number of monthly accumulations (number of deposits 1) 2 times of deposits. Three-year deposit principal = 500 12 2 = 12,000 yuan The cumulative monthly accumulation of two years is (24 1) 2 24 300, and the interest after two years is 500 (12) 300 yuan Sum of principal and interest due = 12,000 + yuan.

  4. Anonymous users2024-02-08

    There is no 10-year death period for banks, and the maximum maturity is 5 years. So if you want to calculate it, you have to calculate it separately. According to the current five-year regular annual interest rate of Ping An Bank, the interest in the first five years is 5000 * yuan, and then the interest in the last five years, that is, the 6th to 10th years, is (5000 + 700) * yuan, so the total interest for ten years is:

    798 + 700 = 1498 yuan. This is only an approximate calculation of the interest earned.

    To be clear, interest rates vary from bank to bank. Take 2020 as an example. In 2020, the five-year fixed interest is different for different banks.

    Industrial and Commercial Bank of China, the interest on fixed deposits is Bank of Communications, the interest on fixed deposits is Agricultural Bank of China, the interest on fixed deposits is Bank of China, the interest on fixed deposits is Guangfa Bank, the interest on fixed deposits is China Everbright Bank, the interest on fixed deposits is Huaxia Bank, the interest on fixed deposits is Minsheng Bank, the interest on fixed deposits is Ping An Bank, the interest on fixed deposits is Shanghai Pudong Development Bank, the interest on fixed deposits is China Merchants Bank, the interest on fixed deposits is China CITIC Bank, and the interest on fixed deposits is. In this way, there are different banks that receive different interest rates.

    Moreover, judging from the current deposit interest rate, it is advisable to choose short-term term for fixed deposits. Deposit rates are falling, and the difference between one-year and five-year deposit rates is now only monthly. On the other hand, the deposit interest rate is now the lowest in history, and there is little room for the interest rate to be lowered again, and if the interest rate is raised in the future, if you choose long-term deposits now, you will not be able to enjoy a higher interest rate for a while when the interest rate is raised, and you will suffer losses.

    Short-term deposits, on the other hand, are highly liquid and can be re-deposited immediately upon maturity.

    Extended Resources: Definitions of Bank Deposits. 1.

    Bank deposits are an element of asset-class accounting. 2.The detailed account of "bank deposit" refers to the "bank deposit journal" set up by the enterprise according to the bank where the account is opened, other financial institutions, and the type of deposit.

    3.Bank deposits refer to all kinds of money deposited by enterprises in banks or other financial institutions. Enterprises shall, according to their business needs, open accounts in their local banks in accordance with regulations, and use the accounts opened to settle deposits, withdrawals, and various income and expenditure transfer businesses.

  5. Anonymous users2024-02-07

    Summary. Hello, at present, the five-year lump sum deposit interest rate of ICBC is, the five-year lump sum deposit interest rate of Agricultural Bank of China and Bank of China is the same, and the five-year lump sum deposit interest rate of China Construction Bank is.

    Hello, at present, the five-year lump sum deposit interest rate of ICBC is known, and the five-year lump sum deposit interest rate of Agricultural Bank of China and Bank of China is the same.

    According to the highest interest rate of China Construction Bank, 2000 yuan can be 2000 + 2000* yuan for a five-year fixed deposit.

    I am 52 years old and have no social security, what is the most cost-effective insurance to pay now, is there anything that can be paid at one time, and I can receive money after 5 to 8 years.

    Now it's too late to pay social security, and the time limit will not be reached. The other insurances are life insurance, and you can't get money, and they mainly cover medical care.

    Is that no way?

    You can save the money first, and when you retire, you can pay pension insurance, according to the maximum base, and you can also receive a lot of money every year.

    I have no job to retire.

    If you are unemployed, you will have to wait until you are 60 years old to pay pension insurance.

    Now save the money for a fixed period of time, and then you can pay according to the maximum base.

    How to pay the maximum base and what is the situation.

    How to pay the maximum base and what is the situation.

    Whether it is paid monthly or annually.

    If there is a level of endowment insurance, you can choose the maximum base, and the more you pay, the more you will receive.

    Monthly. I'm sorry, how much do I have to pay for 2,000 a month.

  6. Anonymous users2024-02-06

    Summary. Hope relevant experts gave an explanation, in the past 10 consecutive years, China's economy and the average difference between the formation of economic aggregates, maintained at the level of 7%, according to this level of calculation, China's current inflation rate is about 7%, 10,000 yuan calculated, 10,000 * (1-7%) 15 = 3,367 yuan, according to such an inflation rate, the final conclusion is that 15 years later, 10,000 yuan is equivalent to more than 3,000 yuan now. I hope I can be helpful to you, thank you for your consultation, thank you.

    Now 2.5 million yuan is deposited in the bank, and the deposit for 15 years plus the depreciation is equivalent to how much money is now in 15 years.

    Hello!We'd be happy to be able to answer for you. Relevant experts have given an explanation, in the past 10 consecutive years, the average difference between China's economy and economic aggregate has been maintained at the level of 7%, according to this level, China's current inflation rate is about 7%, 10,000 yuan is calculated, 10,000 * (1-7%) 15 = 3,367 yuan, according to such an inflation rate, it is finally concluded that 15 years later, 10,000 yuan is equivalent to more than 3,000 yuan now.

    I hope my stool can be helpful to you, thank you for your consultation, thank you.

    That 2 million can only be regarded as 600,000.

  7. Anonymous users2024-02-05

    Take ICBC's fixed-term two-year term as an example:

    The current execution interest rate of ICBC for two years, the total principal and interest of 500 yuan after two years of deposit is:

    500+=yuan).

  8. Anonymous users2024-02-04

    The current two-year deposit interest rate is 5,000 for two years, and the interest = 5,000 * 2 * yuan.

    After two years, the total principal and interest are 5,440 yuan.

  9. Anonymous users2024-02-03

    The latest benchmark interest rate for RMB deposits of financial institutions in 2011.

    Demand deposit. Two years.

    Interest = Principal Interest Rate Term = 5000 * 2 * Yuan The total principal and interest after two years is 5440 yuan.

  10. Anonymous users2024-02-02

    Now the annual interest rate of the bank's deposit is about 5%, so it will be about 5,500 yuan in two years.

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