$5,000.00 not really that much money.... If I decided to go on a adventure... I would have to spend more... so 5 grand I would stay in the states... I would go to Idaho for sure....and all the surrounding states near there... maybe cross over to Canada....
Actually one can buy from here in a group excursion for 6-7 days that are all inclusive to any near destination be it Paris, Dubai, Egypt or Athens for 1/5 of that money.
The left money can be used for investment purposes.
I was planning a CS members meeting/stay somewhere around Paris/EU while doing jointly some wooden work like painting a garden fence or anything one may do in nature on own land around a small current. But such a thing lacks for now an ORGANIZER. So this "post" is available and it is worth that money.
Is it common to put the $ after the amount? Looks so strange. $5,000 would make me a happy man right now. I'm trying to put $100 together so I can make it through another week.
I don't know about the weather but to own one's roof overhead in USA must be quite an impossible challenge to be won. Below is what I've found on the net.
For another example relating some years before (2006) the apparent credit crunch crisis, U may want to see my latest post on "Everything is debt" post.
"bank money example:
Lets say you agreed to loan the bank $100,000 for 10 years, with the interest being compounded onto the principal annually. Using simple interest compounded annually, the situation would look like this. Year Principal Interest One 100,000 5,000 Two 105,000 5250 Three 110,250 5512.5 Four 115,762.5 5788.14 Five 121,550.64 6077.53 Six 127,628.17 6381.41 Seven 134,009.58 6700.48 Eight 140,710.06 7035.5 Nine 147745.56 7387.28 Ten 155132.84 7756.64
So after 10 years, the principal has grown by over 50%, from $100,000 to $155,132.84. The amount of interest you are earning every year has also grown over 50%, even though the interest rate is fixed, at 5% compounded annually. In order to illustrate the effect compound interest has on mortgage payments, let's turn the simple ten year loan into a mortgage, where you are working to pay off the principal so that you can own the house.....
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