How much would $15000 left in the bank since 1986, would be today 20 years after?

if someone had $15000 in the bank in 1986 how much would it be today 20 years after? how is this calculated?

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The rate bourne should be the acual average bank rate for a savings account in the US for 1986-2006 and as a second example the actual average CD rate for the same period. I do want a realistic evaluation for a project. thank you.

By | 2013-08-27T03:21:04+00:00 August 27th, 2013|Mortgages Home Loans Interest Rate|1 Comment

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  1. Edthescienceguy August 27, 2013 at 4:11 AM - Reply

    Approximately $28,000. But considering inflation, it will buy less than the original $15,000.

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