Question
Fill in the values below for the following question. Put a question mark beside the value you are trying to solve for. Then solve using
Fill in the values below for the following question. Put a question mark beside the value you are trying to solve for. Then solve using a TVM online solver.
How long would it take to be a millionaire if you invest $800 a month at an interest rate of 6% compounded monthly?
Number of compounding periods (n):
Interest rate as percent (I):
Present value (PV):
Regular payment/withdrawal (PMT):
Future value (FV):
Payments per year:
Compounds per year:
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Stocks Bonds And Taxes A Comprehensive Handbook And Investment Guide For Everybody
Authors: Phillip B. Chute
1st Edition
1732885532, 978-1732885530
