Calculator Problem – 06/16/2014

If you invested $100 a month at 10% for 40 years instead of 20 years, how much more money would you have?  How much more would you have invested?

(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 06/02/2014 problem:

(N=240,I=10,PV=0,PMT=100) FV=75,936.88