If you invested $960 at 15% for forty-nine years, how much money would you have? (Compound monthly)
(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 08/11/2014 problem:
(I=1,PV=8,000,000,PMT= -45,000,FV=0) N=192.49