Wealth grows by ten points per month and how much does it grow in a year?

Updated on parenting 2024-06-02
6 answers
  1. Anonymous users2024-02-11

    That's 1+to the 12th power, which is equal to. It represents the beginning of the 1 dollar, and at the end of the year there is a dollar. There are generally three ways to increase wealth: part-time work, entrepreneurship, and investment. The speed of profitability increases sequentially, and the difficulty also increases sequentially, as if going up a step.

    Part-time jobs are additional. People have big and small abilities, little education and strength, and may be engaged in simple jobs such as waiters and porters; Those with a high degree of education may work as a senior white-collar worker in an office building. The salary for the big ability is a little higher, and the salary for the less able is a little lower.

    But there is no difference in the essence of part-time jobs, they are all time in exchange for money. If you want to make more money, then work overtime, or take another job. However, time is limited, and unlimited wealth cannot be obtained with limited time.

    Entrepreneurship is about doing multiplication. In the stage of part-time work, it is time to exchange money, but one point that cannot be ignored is that time can also be exchanged for experience, and whether you can exchange experience or not depends on whether you use it without care. Experience can be used to start a business, and the essence of entrepreneurship is to collect other people's time in exchange for wealth.

    Industry bigwigs usually do not recommend new graduates to start a business, because they lack the experience they should have, and it is not enough to have enthusiasm. I forgot where I read an article before, saying that it takes an average of 2 times to start a business in the United States, 2 times in South Korea, and 3 times in China. The business that I have built with all my hard work and all my savings has collapsed, and it has collapsed again and again, and again, there are a few people who can withstand it, and I am afraid that I will collapse after experiencing it once.

    There are examples of young people who have successfully started their own businesses, but no one has seen what they have experienced behind them, perhaps with extraordinary enthusiasm, or through other channels they have already accumulated experience. It's too tiring to start a business, and it's tiring to be tired. What if you don't want to make money so tired, you can go to the next level and invest.

    Investment is to be a power.

    It's exponential growth. Doubling in one year, it's 1,024 times in ten years. However, investing requires extraordinary vision, courage, knowledge and patience.

    If you don't experience it yourself, you'll never really understand it. The experience accumulated from part-time work, integrated into entrepreneurship, experienced the hardships, knew the advantages and disadvantages, the boss's ideas, employees' ideas, customers' ideas, and was familiar with the business model of making money.

    But that's not enough. For macroeconomics.

    understand and judge the economic situation; Analysis of the company's finances and judgment of the company's value; Behavioral Economics.

    research to analyze the psychology of market participants. There are too many things involved, so that it is possible to choose a good team or company.

    The road has to be taken one step at a time, fat man.

    Eat bite by bite.

    Historical Records: The Biography of the Colonies

    wrote: There is no financial power, few wits, and there is no time to fight. The meaning of this phrase is:

    When you don't have financial resources, you can only rely on physical strength to make money, when you have a little financial accumulation, you have to rely on intelligence to make money, and when you have strong financial resources, you have to rely on the grasp of the timing to make money, money is inexhaustible, time is the most important thing. It's better to let yourself be more down-to-earth, experience more, learn more, and don't let your talent be unworthy of your ambition.

  2. Anonymous users2024-02-10

    That's 1+to the 12th power, which is equal to.

    It represents the beginning of the 1 dollar, and at the end of the year there is a dollar.

  3. Anonymous users2024-02-09

    100,000 yuan, 1% income is guaranteed every day, the first day is 100,000 x (1+1%) = the second day is 101,000 x (1 + 1%) =

    The third day is 102010 x(1+1%)=

    The fourth day is x(1+1%)=

    A year is calculated on the basis of 250 trading days:

    The one-year earnings are:

    The two-year earnings are:

    The three-year earnings are:

    Hundreds of millions of yuan in three years.

  4. Anonymous users2024-02-08

    About 10 days.

    Calculation: Assuming it takes x days, then defeat this: 100 (1+4%) x = days), and after 10 days, 1 million rises to 1.5 million.

    The formula for calculating the increment is: sn=a[(1+q) (n-1)] is the total number of checks and balances after n increases, a is the amount at the first start, q is the growth rate, and n is the number of increases. Analysis, from the meaning of the title, it can be seen that this is a sum formula for the first n terms of the proportional number with a as the first term and q as the common ratio.

    So, this formula is sn=a[(1+q) (n-1)] q.

  5. Anonymous users2024-02-07

    To calculate how many days it takes to grow from 100,000 to 1,500,000, you can use the formula of the proportional series: a1 10,000,an 150,000,an an-1 and the above formula can be used to get the result: it takes 742 days.

  6. Anonymous users2024-02-06

    The best answer to start the case.

    Give an example of your problem:

    For example, your company has a performance of 1 million yuan in 2005, 1.5 million yuan in 2006, and 2 million yuan in 2007.

    The growth rate of the company's performance in 2006 = (1.5 million yuan 1 million yuan - 1) * 100%.

    From 2005 to 2007, the average growth rate of the company's performance was in the state = (2 million yuan 100...).

Related questions
8 answers2024-06-02

The issue of children's education is an issue that every parent will not ignore. Before the child goes to kindergarten, families with better economic conditions will take their babies to some early education courses, because the cost of early education courses is relatively high, and not all families can afford it, so what will be taught in early education courses? Can parents give their babies early education classes at home? >>>More

12 answers2024-06-02

Eleven-month-old babies can eat salt appropriately. >>>More

10 answers2024-06-02

Even if you're sad, don't frown because you don't know who will fall in love with your smile. Sometimes feelings are just a person's thing, it has nothing to do with anyone, love, or not love, can only be broken by itself, the wound is the shame given by others, the illusion of their own persistence. Remember what should be remembered and forget what should be forgotten. >>>More

15 answers2024-06-02

The 10-month-old baby is in early education classes, and the early education teachers are also preparing some games that can allow the baby to do more, move the whole body, and cultivate the baby's memory. Parents can also prepare some such toys for the baby at home, such as harmonica, trumpet, and drums that can be beaten, cars that can be pushed, airplanes that can run, balls that can be thrown, etc., parents can prepare a variety of toys for the baby, but each time the baby can play 1 2 kinds. >>>More

41 answers2024-06-02

In my opinion, a side hustle is the icing on the cake, so instability is also the norm, and it seems a bit strange to have a certain number of stability for a long time. To do a side hustle, you still need a certain amount of mental preparation. >>>More