Buy a money fund and vote for 500 yuan every month. The annual growth rate of Huaxia Cash Increase Fund is 4. 12%. What is the total principal plus interest after five years? thank you

Suppose the annual growth rate is fixed at 4. 12%.

First, the calculation of interest is simple, and it is quite zero deposit and withdrawal.

Principal plus five-year income = 500 * (5 *12+1)/2 * 5 * 4.12%+5 *12) = 33141.

Second, the calculation of compound interest, the money fund carries forward the income every month.

Principal plus income of fixed investment = 500 * (1+4.12%/12) * (1-(1+4.12%//kloc-0).

The above answers, I hope to help you.