Money Investment Question?

Question

If I invested $150,000 with Edward Jones 2 years ago and added the accrued interest to the principal every month what would the total be today?

Answer 1

That would depend on the interest rate and the rate of compounding.  If you really did, you should be getting a monthly statement or at least an annual one.

Answer 2

Look at your statement or call them.

Answer 3

Edward Jones is not a bank that pays interest, but an investment company.  They buy stocks in your name, and the worth of your investment now would depend upon which stocks were bought.  Some stocks are worth more than they were 2 years ago, others (especially bank stocks) are worth less.