Cash Flow 按现值计算现金流量

题目

Cash Flow 按现值计算现金流量
You are planning to make monthly deposits of $180 into a retirement account that pays 7 percent interest compounded monthly.If your first deposit will be made one month from now,how large will your retirement account be in 15 years?

答案

There will be 12*15=180 cashflows.Monthly interest rate is 7%/12.The first cashflow will be compounded 179 times,and the last cashflow will be at the end of 15 years and will not be compounded.The fut...