How much will a $500 investment grow to in ten years at 10% interest?

Assume 12 payments per year. Make interest per month.

Answer to two decimal places.

TIP: Use FV()

How much will a $777 investment grow to in 7 years at 7% interest?

Assume 1 payments per year.

Answer to two decimal places.

TIP: Use FV()

How much will a $555 investment grow to in 40 years at 5% interest?

Assume 1 payments per year.

Answer to two decimal places.

TIP: Use FV()

To payback a loan of $3000 in 10 years at 10% interest with 12 interest payments a year how much must I pay once a month?

Make interest per month.

Answer to 2 decimal places.

TIP: Use PMT()

To reach a savings goal of $20,000 in 10 years at 10% interest with 12 interest payments a year how much must I save monthly?

Make interest per month.

Answer to 2 decimal places.

Assume initial savings is zero.

TIP: Use PMT()

To reach a savings goal of $10,000 in 10 years at 10% interest with 1 interest payment a year how much must I save yearly?

Answer to 2 decimal places.

Assume initial savings is zero.

TIP: Use PMT()