Go To Mortgage 101

Return To Group Index

From: Jake4545@screwspammers.com (Jake M)
Newsgroups: uk.finance
Subject: Re: Help me with a formula?
Date: Tue, 02 Nov 2004 19:37:06 GMT

On Mon, 01 Nov 2004 22:06:03 GMT, Ronald Raygun
 wrote:

>>BJ wrote:
>>
>>> If I have sum of money "A", which, when invested, becomes sum of money
>>> "B" after a number of years, what is the formula that will give me the
>>> overall growth of "B" as a percentage of "A"?
>>
>>Are you sure you mean what it sounds like you mean?  For instance,
>>if you invest £1000 and after 5 years it has become £1500, do you
>>want the answer to be 50%?
>>
>>If so, just take B/A-1, and multiply by 100.

In your example above, would it be correct to say that the £1000 has
increased by 50% - or by 150%? If I wanted to use  "150%" (to sound
more impressive), what would be the appropriate wording? "Increased
150%", perhaps?

Thanks

Jake