Robin C.

asked • 04/12/20

6 year investment with 11%

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?

I got $9,490.91. My partner got $5,076.65.

Who's right and why?

1 Expert Answer


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.


Find an Online Tutor Now

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