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How do you calculate an investment that has monthly contributions of, say
$200, every month with a 16% annual rate of return (i.e. $200 on June 1st, $200 on July 1st, etc.)? This is so that I can get an idea of what the long term investment will return. I would ideally like to use something like this to track my personal savings/investment. If there is another thread let me know. Any help would be greatly appreciated. |
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