if you put 1 million dollars into the stock market earning 7 percent for 20 years how much money would u have?

Question

including inflation

Answer 1

1,000,000 x 1.07 ^ 20 = 3,869,684.462

Answer 2

The most important thing is that you must have a plan. If you need investment to make 1 million, you should know how much return of investment you should get. You start with $1000 and ROI of every year is 5%, so in ten years you get $1628.9. You made $600 in years. If you sell something to make 1 million, if the profit is 1 million, you need sell one. Maybe a successful business to sell. If the profit is $1000, you should sell 1000 pieces, such as get commission to sell property. If the profit is just 1 dollar, you should sell 1 million pieces, such as sell ebooks. There are so many ways to make 1 million. You just need action. Everything can make you one million.

Answer 3

x=1000000 (1+.07) to the 20ith power

only the 1+.07

Answer 4

If my calculations are correct, I believe you should have $3,869,684 after 20yrs with a 7% earning each year.

Answer 5

ZERO.

If you dont constantly re-invest more money into your account, the stock brokers will confiscate the money in your account starting 3 to 6 months after your last transaction.

I lost about $2 million this way. It SUCKS. They just stole the dang money right from my account. And nothing I can do about it either.

Answer 6

3.87 million