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
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