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How Savings Adds Up Over Time

March 3rd, 2008 · No Comments

If you saved $5 a day, at a 7% annual return, how much money would you have:
· In one year?  $1,890
· In five years?   $10,924
· In ten years?    $26,426
· In twenty years?   $79,639
(Calculations show savings of $5 per day, compounded daily at 7% per year)

Tags: Personal Finance

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