Question 1165914
use the online financial calculator at <a href = "https://arachnoid.com/finance/index.html" target = "_blank">https://arachnoid.com/finance/index.html</a>



first you want to find the future value of the 50 dollar a month investments at 8% compounded monthly.


your inputs to this calculator are:


pv = 0
fv = 0
np = 5 years * 12 months per year = 60 months.
pmt = -50 (negative because it's money going out).
ir = 8% / 12 = .666666666666% (the calculator will round to the number of digits it wants to display).
select investments at the end of each month.


select fv and the calculator tells you that the future value of the investments is $3,673.84 (positive because it's money coming in).


<img src = "http://theo.x10hosting.com/2020/092601.jpg" >


you use the calculator again with the following inputs.


pv = -3673.84 (negative because it's money going out).
fv = 0
np = 25 years * 12 months per year = 300 months.
pmt = 0
ir = 8% / 12 = .666666666666% (founded to number of digits displayed).
investments at the end or beginning of each month is not used so it doesn't make a difference what you select in this analysis.


select fv and the calculator tells you that the future value of the investments is $26,966.66


<img src = "http://theo.x10hosting.com/2020/092602.jpg" >


that's how much you'll have at the end of the investment period.


the calculator used can be found at <a href = "https://arachnoid.com/finance/index.html" target = "_blank">https://arachnoid.com/finance/index.html</a>