Hi,
I am trying to find a computer calculator that would give me an answer to question(s) like this:
If I invest say 30.000$ each year for 10 years in a row with 8% interest rate and then I invest 25.000$ for 5 years in a row with 6% of return - how much money will I have in 30 years?
Most of financial calculators that I can find on internet calculate one time investment scenario. Any suggestions?
Thanks
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dklisovic at gmail.com wrote:Hi,
I am trying to find a computer calculator that would give me an answer to question(s) like this:
If I invest say 30.000$ each year for 10 years in a row with 8% interest rate and then I invest 25.000$ for 5 years in a row with 6% of return - how much money will I have in 30 years?
Most of financial calculators that I can find on internet calculate one time investment scenario. Any suggestions?
Thanks
Try Excel. These are simple compound interest calculations. A few minutes with a spreadsheet will give you these answers.
Best,
Dick Munroe