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# How much is R18 compounded at 4% for 46 years

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### How do i calculate the future value of 1790.62 made every month for 15 years in an account earning 11,9% per yeat, compounded monthly?

Hello there, Well from compounded yearly, it comes to \$896,692.82.
I don't see how compounded monthly makes any difference if the Intetrest rate is yearly at 11.9 %.
The quick and dirty calculator I used is here, http://www.financialcalculator.org/investing/interest-calculator

You gonna be rich Bro :)

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### Compound interest

Assuming the 28k is put in as one lump sum each year and that the interest is compounded annually, then after 15 years I calculate \$453,329
You can use the following online calculator to make adjustments, check my calculations, modify any factors, etc...
http://www.bankrate.com/calculators/savings/compound-savings-calculator-tool.aspx

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### What buttons do I push in what order to figure compound interset. if I start with\$15,000.00 at 6% interset for 25 years. I am on a texas instrument ba 2 plus

If the interest is compounded monthly:

2nd [CLR TVM] (clear any existing results)
1 5 0 0 0 _/- PV (present value, negative because you're paying it out)
6 I/Y (annual interest rate)
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If the interest is compounded annually:

2nd [CLR TVM] (clear any existing results)
1 5 0 0 0 _/- PV (present value, negative because you're paying it out)
6 I/Y (annual interest rate)
2nd [P/Y] 1 ENTER 2nd [QUIT] (one compounding period per year)
25 N (25 years)
CPT FV (compute future value, see 64,378.96)

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### TI 83

Yes you can use it, here is the formula: Y= V(t+ (i/c))^(tc) V=amount put in, t=time, i=intrest rate, c= amount of times it is compounded.
(I know this because I have a TI-83 calculator)

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