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Be SURE to set your account to "COMPOUND" when you open it!! Then , leave it in your account, and watch it grow!
In a Compounding plan, you're paid a daily simple interest 2% (60% monthly up to 100%) and will be 72%, and you can withdraw your interests on a monthly basis or roll over your interests.
While in a Non-Compounding plan, you're paid a daily simple interest 1% (30% up to 46%) and you can withdraw your interests on a daily basis (every day),
Let's watch your $10 deposit with your $10 bonus:
1----- 20 ($10 plus bonus $10 credited instantly) 2 ------32 3------ 51.2 4------ 81.92 5 -----131.07 6---- 209.71 7---- 335.54 8---- 536.87 9----- 858.99 10--- 1,374.38 11--- 2,199.02 12-- 3,518.43
Calculating your compounding income can be done by multiplying your investment amount by 1.6 (min. 60%), then taking result and multiply it by 1.6 and a total of multiplications equal to number of compounding months (keeping in mind that your interests compound on a monthly basis),
I can go on and on here! In January 2004 for compound account it will be 72% monthly and for non compound account it will be 42% monthly. Approx. 77% in February.
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Dedra Allen --Is a former fortune 500 corporate executive. Accomplished business woman, publisher and author, with an extensive backgound in businsess and public relations. She so is a futuristic thinker with deeply chrisitian values and inspirations. She wishes for all to experience true prosperity and the freedom that comes with it.