Future Value of Level Deposits
Contents
Example
Calculate the Projected Value (accumulated value) of monthly deposits of $100, starting today for 25 years with an 8% rate of return.
Data Entry
Use the following values for the prompts:
Prompt |
Value |
|
Calculation Type |
Accumulation |
|
Calculate |
Future Value |
|
Current Account Value |
0 |
|
Interest Rate |
8 |
|
Number of Years |
25 |
|
Deposits per Year |
12 |
|
Amount of Each Deposit |
100.00 |
|
Type of Deposits |
Level Deposits |
|
Deposits Made at |
Beginning of Period |
Result
Calculated Projected Value shows $90,898.96.