Steve wants to invest 2,000 today and leave that for 12 years at 6 % compounded annually plus he wants to invest 150 per month at the beginning for 6 % compounded annually for 12 years. How much will his investment be worth in 12 years? How much interest will he have earned?

Answer rating: 100% (QA)

Absolutely lets calculate how much Steves investment will be worth in 12 years and how much interest he will earn We can break this down into two part... View the full answer