How do I calculate future value in Excel? - rate of return fv
I use Excel to the future importance of continued investment with monthly contributions for the period of 20 years to calculate. My numbers are: annual income - 80000; initial investment -10,000; monthly contribution - 5% annually Income/12; Average Rate of Return - 8% use, and annual - 20 My job is * FV Return/12 average 12 years, (-) the monthly contribution. My result is not the same as some online computer tested, I have my number of cons. What happens to my formula?
Rate Of Return Fv How Do I Calculate Future Value In Excel?
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