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CProject results of monthly amount invested in different 529B plan
I am trying to make a final selection of a 529B plan. For 3 plans I have
1yr/3yr/5yr Peformance, total expsnse % and front end load %. I would like to be able to project the value of each plan after n years of investing $y every month. |
CProject results of monthly amount invested in different 529B plan
EXCEL 2007
Try Formulas / Function Library group / Financial / FV where Rate is the monthly rate of interest (example 8%/12) Nper is the number of payments (example 360 payments would be 30 years at 12 payments per year) and Pmt is the monthly contrubution (example 300). Entering the above into the 3 boxes returns 447,107.83 (the amount that you would get back). If my comments have helped please hit Yes. "snevitt" wrote: I am trying to make a final selection of a 529B plan. For 3 plans I have 1yr/3yr/5yr Peformance, total expsnse % and front end load %. I would like to be able to project the value of each plan after n years of investing $y every month. |
CProject results of monthly amount invested in different 529B plan
You want FV. Just type in =FV( then enter the required parameters in the
dialogue box. Regards, Fred "snevitt" wrote in message ... I am trying to make a final selection of a 529B plan. For 3 plans I have 1yr/3yr/5yr Peformance, total expsnse % and front end load %. I would like to be able to project the value of each plan after n years of investing $y every month. |
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