What is the projected value of your investment

Reference no: EM132038763

Question: You plan to invest $345 per month. Suppose that you are told that the type of investment that you are considering earns an APR of 6%, with monthly compounding. What is the projected value of your investment in 25 years? Assume that you contribute to your investment at the end of each month, beginning one month from today.

Do not round at intermediate steps in your calculation. Round your answer to the nearest dollar. Do not type the $ symbol.

Reference no: EM132038763

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