To calculate a future value: Example Problem: You are a landlord charging $500 per month, and will invest it in a mutual fund that hopefully will add 10% interest per year. You want to find the future value of your cash flow in 3 years.
Example Solution: To get the answer, calculate the future worth given the uniform worth of $500 compounded at .8333 % (10% / 12 mos) for 36 months. Input the values, then click on Per Period Compounding. The answer should be $20,890.78.
*ENB Calculators are for informational purposes only. The accuracy of their results is not guaranteed. The use of these calculators does not constitute an endorsement or offering.