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N I/Y PV PMT FV 384 0.7 0 -500 Inputs Compute 968,943 Using Excel (do not enter the thousands separators): =FV(rate, nper, pmt) =FV(0.007, 384,
N I/Y PV PMT FV 384 0.7 0 -500 Inputs Compute 968,943 Using Excel (do not enter the thousands separators): =FV(rate, nper, pmt) =FV(0.007, 384, -500) =968,943 Part 2 Attempt 2/10 for 7 pts. Find out how many months it takes to reach one million of saving. If the length of time is less than 32 years, then you shold be a millionaire by age of 53. Should give you the same conclusion as in Part 1. |+ decimals Submit
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