Simple Math - compounding question..

O

Optional

I've forgoteen my Grade 8 algebra..

If you have a $10,000 account,
and you make 10% return per week...
how much do you have after 1 year?
After 5 years, 10 years?

Thanks!
 
Quote from Optional:
.....algebra......
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?....1 plus the interest rate (expressed as a decimal), raised to the exponent "n", where n equals the number of weeks of compounding, times $10,000....I think. At 10% per week, the account would double about every 7 weeks.....I think. :eek:
 
Quote from Optional:

I've forgoteen my Grade 8 algebra..

If you have a $10,000 account,
and you make 10% return per week...

this expectation invalidates everything that follows...

how much do you have after 1 year?
After 5 years, 10 years?

Thanks!
More...
 
oh. the recent post by acrary, 200% per year (which i believe is reasonable too, 1 trade per day, 1.5 profit factor).

not including taxes

10K account, 200%
5 years-> $2,430,000
10 years -> $590,490,000

of course you'd have to ignore all liquidity issues...

hmm, maybe i need to stop scalping for pennies
 
Quote from bespoke:

10 - calc cannot compute
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$33,434,611,583,249,516,213,676,831

I can see the little Google ad now - 'How I turned my $10,000 into $33 Septillion in less than a decade!'
 
Quote from Eli the ice man:

$33,434,611,583,249,516,213,676,831

I can see the little Google ad now - 'How I turned my $10,000 into $33 Septillion in less than a decade!'
More...

Send $6,000 to our Post Office box in Tanzania and we will show you how
 
Quote from TraderZones:

Send $6,000 to our Post Office box in Tanzania and we will show you how
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Thank you, sir, for making my day. Please give me your complete address. :)
 
Quote from OldSpec:

Thank you, sir, for making my day. Please give me your complete address. :)
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Happily, that leaves you the rest of the $10,000 to get NEAR a $septillion
 
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