Question
Please help me and put the correct information into a financial calculator. If I plan on saving $3000 a year and expect earn an annual
Please help me and put the correct information into a financial calculator.
If I plan on saving $3000 a year and expect earn an annual rate of 10.25% how much will I have in my account at the end of 45 years?
These are the inputs are used for my financial calculator:
I = 10.25, N = 45, PMT = 0, PV = 3,000. CPT FV = -3,141.17
Please let me know where I went wrong.
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Financial Modeling
Authors: Simon Benninga
4th Edition
0262027283, 9780262027281
