Question: Fill in the values below for the following question. Put a question mark beside the value you are trying to solve for. Then solve using
Fill in the values below for the following question. Put a question mark beside the value you are trying to solve for. Then solve using a TVM online solver.
Determine the final amount for an investment if you make monthly payments of $250 at 8% compounded monthly for 2 years.
Number of compounding periods (n):
Interest rate as percent (I):
Present value (PV):
Regular payment/withdrawal (PMT):
Future value (FV):
Payments per year:
Compounds per year:
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