AQR Calculation Investment for Future Projects Math Project
Now let’s say your company had a great year, and you receive a $20,000 bonus! You decide you should invest it, so you find a CD that will pay 6.5% interest compounded quarterly. How much will you have in 10 years? 20 years?
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3. You want to have $3000 in 18 months to help pay for school. How much will you have to initially invest at 4.75% compounded monthly to reach your goal. In this case, you know the future value and you are figuring out the principal. |
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