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QUESTION
With a principle investment of $20,000 and $50 a month for the next 20 years, what will your portfolio value be if the expected rate is 8.5% annually?...
With a principle investment of $20,000 and $50 a month for the next 20 years, what will your portfolio value be if the expected rate is 8.5% annually? Assume interest is calculated monthly. Use MS Excel to determine the value.
