File:Local Wealth Fund or Urban Wealth Fund.webp
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Summary
| Description | English: $1 million dollars invested annually earning 15% interest and a 2% dividend. After 40 years it would earn over $2 Billion in interest and $267.46 Million in dividend income. By 24 years the dividend will have already accumulated more dividend income than the $24 Million invested at that point. Dividends were not reinvested in this scenario and could be used for local government revenue. |
| Date | |
| Source | Own work |
| Author | Wikideas1 |
Licensing
I, the copyright holder of this work, hereby publish it under the following license:
 
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This file is made available under the Creative Commons CC0 1.0 Universal Public Domain Dedication. |
| The person who associated a work with this deed has dedicated the work to the public domain by waiving all of their rights to the work worldwide under copyright law, including all related and neighboring rights, to the extent allowed by law. You can copy, modify, distribute and perform the work, even for commercial purposes, all without asking permission.
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File history
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| Date/Time | Thumbnail | Dimensions | User | Comment | |
|---|---|---|---|---|---|
| current | 21:49, 21 December 2023 | | 4,102 × 2,079 (181 KB) | Wikideas1 | fixed typo in table |
| 20:39, 21 December 2023 |  | 4,106 × 2,078 (182 KB) | Wikideas1 | Uploaded own work with UploadWizard |
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