Question 1185581
the calculator found at <a href = "https://arachnoid.com/finance/index.html" target = "_blank">https://arachnoid.com/finance/index.html</a> can help you find the answer to this question.


your inputs to this calculator are:


pv = 0
the time periods are in months.
np = 30 years * 12 months per year = 360 months.
pmt = 800
ir = 7% per year / 12 = .5833333333% per month.
payment is made at the end of each month.


your output from the calculator is $975,976.80


here's a display of the inputs.


<img src = "http://theo.x10hosting.com/2021/100402.jpg" >


here's a display of the output.


<img src = "http://theo.x10hosting.com/2021/100403.jpg" >


your solution is that you will have $975,976.80 at the end of the 30 year investment period.