Calculator Problem – 07/01/2013

If you invested a dollar a day (assume 30 days per month) at 12%, how much money would you have at the end of 40 years?

(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 http://www.facebook.com/pages/Gary-Johnston-Seminars/111368472221424 for the answer.)

Answer for 06/17/2013 problem:

(N=24,I=11,PMT=200,FV=4250) PV=7,705.25