(See Calculator Problem – 07/16/2012, 07/30/2012, 08/13/2012). How much money would you save?
(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 to 08/13/2012 problem:
(I=5.25,PV=891,763.99,PMT= -8722.11,FV=0) N=135.83
156-135.83 = 20.17 months