Please explain step by step what you do, show me the formula and method you use and explain is step by step, please do not answer if you are going to use an online calculator and just drop an answer I know how to do that aswell.

you plan to travel around the world 10 years from now. you estimate that you will need 59,000 ... Your question has been answered Let us know if you got a helpful answer. Rate this answer Question: You plan to travel around the world 10 years from now. You estimate that you will need 59,000 SE... You plan to travel around the world 10 years from now. You estimate that you will need 59,000 SEK and decide to start saving today. You will make your first deposit today and plan to make a total of 10 deposits into your savings account (including the one today). If every deposit you make is an equally large sum, how big does that sum have to be in order for you to have 59,000 SEK 10 years from now? Assume that the interest rate paid by the bank is 4.3 % and that you have to pay 30 % in taxes on interest gains.