Assuming she is investing at the start of the year
Interest = Principle*Rate of Interest*Time/100
Amount = Principle+Interest
Year |
Amount Invested ($) |
Number of years interest received for |
Interest ($) |
1 |
3,500.00 |
35 |
4,042.50 |
2 |
3,500.00 |
34 |
3,927.00 |
3 |
3,500.00 |
33 |
3,811.50 |
4 |
3,500.00 |
32 |
3,696.00 |
5 |
3,500.00 |
31 |
3,580.50 |
6 |
3,500.00 |
30 |
3,465.00 |
7 |
3,500.00 |
29 |
3,349.50 |
8 |
3,500.00 |
28 |
3,234.00 |
9 |
3,500.00 |
27 |
3,118.50 |
10 |
3,500.00 |
26 |
3,003.00 |
11 |
3,500.00 |
25 |
2,887.50 |
12 |
3,500.00 |
24 |
2,772.00 |
13 |
3,500.00 |
23 |
2,656.50 |
14 |
3,500.00 |
22 |
2,541.00 |
15 |
3,500.00 |
21 |
2,425.50 |
16 |
3,500.00 |
20 |
2,310.00 |
17 |
3,500.00 |
19 |
2,194.50 |
18 |
3,500.00 |
18 |
2,079.00 |
19 |
3,500.00 |
17 |
1,963.50 |
20 |
3,500.00 |
16 |
1,848.00 |
21 |
3,500.00 |
15 |
1,732.50 |
22 |
3,500.00 |
14 |
1,617.00 |
23 |
3,500.00 |
13 |
1,501.50 |
24 |
3,500.00 |
12 |
1,386.00 |
25 |
3,500.00 |
11 |
1,270.50 |
26 |
3,500.00 |
10 |
1,155.00 |
27 |
3,500.00 |
9 |
1,039.50 |
28 |
3,500.00 |
8 |
924.00 |
29 |
3,500.00 |
7 |
808.50 |
30 |
3,500.00 |
6 |
693.00 |
31 |
3,500.00 |
5 |
577.50 |
32 |
3,500.00 |
4 |
462.00 |
33 |
3,500.00 |
3 |
346.50 |
34 |
3,500.00 |
2 |
231.00 |
35 |
3,500.00 |
1 |
115.50 |
|
1,22,500.00 |
|
72,765.00 |
|
|
|
|
|
|
Total Amount she have at end |
1,95,265.00 |