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In response to
"
No, but that makes more sense. Does that calculate on the lump sum, or the gradual contributions? -- nm
"
by
Beryllium
If you save $100 per month every month and average a 9.87% rate of return, you'll have $1m at the end.
Posted by
spamlet
Oct 8 '14, 13:56
It's the FV of 45*12 payments of $100 at 9.87%
Responses:
less than historic stock market average returns -- nm
-
zeitgeist
Oct 8, 14:05
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