HARDINGE, McCOMB, MUNDEN & CO
"Our company is full of math teachers, so we'll never miscalculate your investments!"
Music by Alumomusic
How do you calculate interest?
Well, let's say that a bank is having 5% interest per year. The more money you give to your bank, the more interest you get. For example, if you deposit $1,000 in the bank for a year, the next year you would have $1,050 in your bank account. It's important to know that the next year, the interest is 5% of 1,050 - not 1,00 anymore. Under this paragraph, it shows a rate table where I calculated 5% of 1,000.
Another reason you should invest in Hardinge, McComb, Munden & Co!
Normally, when people "save" money, they usually put it in piggy banks or hide money in a box under their bed. But not only Hardinge, McComb, Munden & Co are trustworthy, they also give out 10% interest - which means you gain more money every year your $1,000 is in our keepings. And, not only you can donate more money to our company, your interest can grow even BIGGER if the size of your money gets larger!
Isn't that much better than sticking cash under your bed, waiting for it to get dusty and perhaps even mold?
Umm, what else are the benefits of having only $100 or $50 per year?
You must be thinking that you only gain 5% of your original balance each year. Well, you're WRONG! If you do not withdraw your money, you get even MORE each year! Why is that, you say? Well, let's say you get $1,050 from that year you got interest. You don't get 5% of $1,000 again, you get 5% of $1,050! You get 5% of the money you gained last year! That means, if it goes on and on, in no time, you'll have a LOT more than $100 going into your bank every year!
Still doesn't make any sense? This line graph shows why you should invest with Hardinge, McComb, Munden & Co instead of leaving perfect money under your bed!
RED shows the money you get if you deposit $1,000 into our company with 5% interest, without withdrawal for 45 years.
GREEN shows how much progress you've made with the money under your bed without withdrawal for 45 years.
