View Single Post
  #7   Report Post  
Posted to microsoft.public.excel.worksheet.functions
toyota58 toyota58 is offline
external usenet poster
 
Posts: 3
Default Accumulated wealth formula ?




Another formula I want to make is

Example : Suppose I put $ 1,000 lump sum in a mutual fund at 10
percent interest per annum. How much is the accumulated wealth after 5
years.This is one lump sum payment only at the beginning of the
period. No additional monthly payments.

Thank You all.