Simple Math - compounding question..

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!

 

?....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:

 

1 - 1,420,429
5 - 578,226,699,342,489
10 - calc cannot compute

 

What's "invalid" about 578-trillion dollars?

 

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

 

$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!'

 

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

 

Thank you, sir, for making my day. Please give me your complete address.

 

Happily, that leaves you the rest of the $10,000 to get NEAR a $septillion