4 ms·

Sorry for the stupid question. Does 5% mean 5% per year (over ten years), or 5% per 10 years?

• naveen99 3y ago
  Per year.
  • theanonymousone 3y ago
    Meaning a 62% increase of the original investment after 10 years? Isn't that a very good deal?
    • naveen99 3y ago
      It may be. depends where you are on the spectrum of being a saver or a borrower.