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If you invest 12,000 /year, during the next 10 years, in a bank account that offers a 6% compounded yearly, how much money youll after
If you invest 12,000 /year, during the next 10 years, in a bank account that offers a 6% compounded yearly, how much money youll after those 10 years?
And if you invest 1,000 /month, during the next 10 years, in a bank account that offers a 6% compounded monthly, how much money youll after those 10 years?
(note that this is the same amount as the indicated in the previous point)
DO NOT DO IT IN EXCEL
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