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Future Value of Level Deposits |
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Future Value of Level Deposits |
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Future Value of Level Deposits
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Future Value of Level Deposits |
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Future Value of Level Deposits |
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Calculate the accumulated value (future value) of monthly deposits of $100,, starting today for 25 years with an 8% rate of return.
Use the following values for the prompts:
Prompt |
Value |
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Type of Fund |
Future Value |
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Current Account Value |
0 |
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Type of Deposits |
Level Deposits |
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# of Deposits/Year |
12 |
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Amount of Each Deposit |
100.00 |
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Deposits Made at |
Beginning of Period |
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Interest Rate |
8 |
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# of Years |
25 |
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Future Value |
Do not enter value |
Place the cursor on the Future Value prompt and click on the 'Calculate Cursor Line' button.
Future Value calculates $91,483.95.