hi
i had read the PD and Excel, please find the below calcutaion of 2ns sheet for your reference
1. If we put away $1,000 today, what will it be worth in 1 year at 10%?
Today's Investment (PV) 1,000
Interest Rate 10% FV = $(11,000.00)
# of Years 1
2. If we put away $1,000 today, what will it be worth in 5 years at 10%?
Today's Investment (PV) 1,000
Interest Rate 10% FV = $(16,10,51,000.00)
# of Years 5
3. If we put away $1,000 today, what will it be worth in 20 years at 10%?
Today's Investment (PV) 1,000
Interest Rate 10% FV = $(6,72,74,99,94,93,25,60,00,00,00,000.00)
# of Years 20
thanks