Lunch Savings Calculator
As I sit here eating my cheap "brown bag" lunch here as always at work,
I thought I would calculate the small forture I have amassed by eating like
this (besides the fact that I get extra time to program and surf the Net!)
My default investment return is a reasonable 5.0% (although you can try 10.5%, the 70 year average for the S&P 500).
I will even let you increase the return up to 50% for fun.
Have fun!
Yield must be between 2 and 50 % with default of 5.0%
| Year | Starting Balance | Earnings | Lunch Savings |
Ending Balance |
|---|
| 1 | 0.00 | 0.00 | 875.00 | 875.00 |
| 2 | 875.00 | 43.75 | 875.00 | 1,793.75 |
| 3 | 1,793.75 | 89.69 | 875.00 | 2,758.44 |
| 4 | 2,758.44 | 137.92 | 875.00 | 3,771.36 |
| 5 | 3,771.36 | 188.57 | 875.00 | 4,834.93 |
| 6 | 4,834.93 | 241.75 | 875.00 | 5,951.67 |
| 7 | 5,951.67 | 297.58 | 875.00 | 7,124.26 |
| 8 | 7,124.26 | 356.21 | 875.00 | 8,355.47 |
| 9 | 8,355.47 | 417.77 | 875.00 | 9,648.24 |
| 10 | 9,648.24 | 482.41 | 875.00 | 11,005.66 |
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