Question
You have $15,000 that you want to invest. You expect your investment to yield 7% annual growth (compounded monthly) over the long term. In addition
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You have $15,000 that you want to invest. You expect your investment to yield 7% annual growth (compounded monthly) over the long term. In addition to your up-front investment, you want to invest another $250/month into that investment. How much will your investment be worth in 20 years?
$130,232
$190,812
$181,032
$204,753
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Advanced Finance
Authors: Michael Fardon
1st Edition
1872962319, 1872962173, 978-1872962313, 978-1872962177
