Calculator Problem – 02/24/2014

If you invested $20 every month for forty years at 15%, how much money would you have?

(The answer will be posted with the new calculator problem in 2 weeks. Or if you can’t wait that long, you can go to https://www.facebook.com/garyjohnstonseminars for the answer.)

Answer for 02/10/2014 problem:

(N=120,PV= -150,000,PMT=0,FV=1,000,000) I = 19.12%