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What is the future value of $4000 in 65 years at 9% annual compounded interest
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I need a formula to calculate a value times a variable interest rate 5 years into the future. Can you help?
Solved by O. A. in 15 mins
In a labeled blank Excel cell, calculate the future value of 30 monthly payments of $200 each if the monthly interest rate is 0.2%. Use the FV() function in Excel.
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I'm trying to find the equivalent interest rate (gross of 40% tax) that a bank would have to pay to achieve a known future value return from a known present value amount over a know number of years. e.g. If I start with 80,000 and end up with 1,580,000 after 7 years, (and I pay tax of 40% on the interest I earn), what gross interest must the bank pay me to end up with 1,580,000?
Solved by G. E. in 12 mins
Counting present value from future value
Solved by I. Y. in 29 mins