How much would she have after the same three periods, Financial Management

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How much would she have after the same three periods

FV = A(F/A, i%, n) = 6,000(F/A, 6%, 20) = 6,000(36.786) =$220,716 Thus, she would have $220,716 in 20 years. at 30 year FV=6000*79.058 =474348 at 40 years FV=6000*154.762 =928572 If she changed her investment period and instead invested $500.00 monthly and the investment also changed to monthly compounding, how much would she have after the same three periods? Explain why the previous number are higher.

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Financial Management: How much would she have after the same three periods

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