Sherry S.

asked • 04/10/20

investment income

How much will you have saved after 6 years by contributing $1,200 at the end of each year if you expect to earn 11% on the investment?


Please give me the formula and/or show steps so that I can work other problems independently. Thanks!

1 Expert Answer

By:

Sherry S.

tutor
That's what I thought. I was hoping there was a formula that would do the steps for me. Thank you!
Report

04/10/20

Still looking for help? Get the right answer, fast.

Ask a question for free

Get a free answer to a quick problem.
Most questions answered within 4 hours.

OR

Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.