$100 is invested at the end of every quarter at 8% compounded quarterly for 20 years? Complete the worksheet below to show the details of this investment. (Only the first two lines of the period by period details are shown.)
A person sets up an account earning 4% compounded monthly. Monthly deposits are made into this account for 50 years with the goal of accumulating $1,000,000. Complete the worksheet below to show the details of this investment. (Only the first two lines of the period by period details are shown.)