How does planting tropical hardwood trees compare with leaving my money in a savings account or CDs to accumulate interest for 20 years?
It is difficult to predict what future interest rates on savings accounts and CD’s will be. However, as an example, if you were to put $4,992, the price of 100 20-Year Final Harvest Elite Teak Clone trees, into savings or CD’s today at 3% compound interest and allowed the interest to accumulate for 20 years, you would have a total of $9,016 at the end of the 20 years. That compares to approximately $118,000 projected cumulative net harvest proceeds over the next 20 years from 100 20-Year Final Harvest Elite Teak Clone trees. See Teak Projections.
Related Questions
- How does planting tropical hardwood trees compare with leaving my money in a savings account or CDs to accumulate interest for 25 years?
- How does planting tropical hardwood trees compare with leaving my money in a savings account or CDs to accumulate interest for 20 years?
- How will planting tropical hardwood trees help save the remaining primary rainforests and preserve plant and animal species?
