Time remaining:
investment return in 4 years

label Business
account_circle Unassigned
schedule 0 Hours
account_balance_wallet \$5

i need a total amount of \$14239.1442 after 4 years from now

investment return is 7%

inflation rate is 3%

how much should i invest every month?

Apr 6th, 2015

Real return = investment return - inflation rate = 7%-3% = 4%

N = 4 years

So every month you should invest \$321.50

 Total at end \$14,239.14 i 4% PV Period Monthly investment 1 321.5064149 320.4383 =100/(1+4%/12)^1 2 321.5064149 319.3737 =100/(1+4%/12)^2 3 321.5064149 318.3127 4 321.5064149 317.2551 5 321.5064149 316.2011 6 321.5064149 315.1506 7 321.5064149 314.1036 8 321.5064149 313.0601 9 321.5064149 312.02 10 321.5064149 310.9834 11 321.5064149 309.9503 12 321.5064149 308.9205 13 321.5064149 307.8942 14 321.5064149 306.8713 15 321.5064149 305.8518 16 321.5064149 304.8357 17 321.5064149 303.8229 18 321.5064149 302.8136 19 321.5064149 301.8075 20 321.5064149 300.8048 21 321.5064149 299.8055 22 321.5064149 298.8095 23 321.5064149 297.8167 24 321.5064149 296.8273 25 321.5064149 295.8412 26 321.5064149 294.8583 27 321.5064149 293.8787 28 321.5064149 292.9024 29 321.5064149 291.9293 30 321.5064149 290.9594 31 321.5064149 289.9928 32 321.5064149 289.0293 33 321.5064149 288.0691 34 321.5064149 287.1121 35 321.5064149 286.1582 36 321.5064149 285.2075 37 321.5064149 284.26 38 321.5064149 283.3156 39 321.5064149 282.3744 40 321.5064149 281.4362 41 321.5064149 280.5012 42 321.5064149 279.5693 43 321.5064149 278.6405 44 321.5064149 277.7148 45 321.5064149 276.7922 46 321.5064149 275.8726 47 321.5064149 274.9561 48 321.5064149 274.0426

Apr 6th, 2015

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Apr 6th, 2015
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Apr 6th, 2015
Sep 24th, 2017
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