If you invested $100 a month for 20 years at 10%, 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 05/19/2014 problem:
(N=240,I=8,PMT=1000,FV=0) PV= $119,554.29