Question
Use the Excel FV function is used to calculate the future value of an investment of $1,000 per month for a period of 5 years.
Use the Excel FV function is used to calculate the future value of an investment of $1,000 per month for a period of 5 years. The present value is 0, the interest rate is 5% per year and the payments are made at the end of each month.
Please use excel and clearly show the. workings and all so i can understand.
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Personal Finance Turning Money into Wealth
Authors: Arthur J. Keown
7th edition
978-0133856507, 013385650X, 133856437, 978-0133856439
