Calculator Problem – 05/09/2011

 What is the difference between $100 invested every month over 10 years at 8% and 16%?

(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 for the answer.)

Answer to 04-25-2011 problem:

(N=9000,I=8,PMT=23,000,FV=0) PV=3,450,000

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