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Interest Calculator |
Matthew 25:19-20 (NIV)
"After a long time the master of those servants returned and settled accounts with them. [20] The man who had received the five talents brought the other five. 'Master,' he said, 'you entrusted me with five talents. See, I have gained five more.'
(Note: a "talent" of gold or silver was 75 lbs. This was a large
amount of money!)
We are told neither the time nor the interest rate. Use this interest
calculator to try some different scenerios. Enter in 5 for the amount and
try different combinations of years and interest rates to get 10 talents of
money.
| Interest Rate | Years Required to Double? |
Years | Interest rate Required to Double? |
|
| 3% | 5 | |||
| 8% | 10 | |||
| 12% | 15 |