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joeu2004 joeu2004 is offline
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Default Accumulated wealth formula ?

On Feb 22, 9:35 am, "toyota58" wrote:
Suppose I save $ 100 (or whatever) every month in a mutual fund and
the fund give me 10 percent (or whatever) interest per annum. So how
much is my accumulated wealth in 5 years ?


=fv(10%/12, 5*12, -100, 0, 1)