Chapter 14: Worksheet
Monthly Investment Calculator
Monthly Investment Calculator
Instructions:The Monthly Investment Calculator will allow you to compute how much you will have based on your monthly investment. For this calculator, if you already have some money in your account, you will enter four pieces of data and solve for the answer, how much you will have in the account at the end. Enter the amount in your account now (or leave blank), the number of years (not months) until you need the money, the annual interest rate (not the monthly rate), and the amount you will invest each month. Click "Compute" and the calculator will tell you how much you will have in your account. To clear all of the fields, click "Reset".
How much is in your account now?
  
How many years until you need the money?
  
You will have this much in your account
  
Annual interest rate
  
Payment (PMT):