What is the projected value of your investment in 32 years


You plan to invest $210 per month. Suppose that you are told that the type of investment that you are considering earns an APR of 7%, with monthly compounding. What is the projected value of your investment in 32 years? Assume that you contribute to your investment at the end of each month, beginning one month from today.

Do not round at intermediate steps in your calculation. Round your answer to the nearest dollar. Do not type the $ symbol.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: What is the projected value of your investment in 32 years
Reference No:- TGS02363418

Expected delivery within 24 Hours