what will $3000.00 a month eequal to in 30 years?

0 ⤊

what will $3000.00 a month eequal to in 30 years?

2006-09-22 16:12:01 · 3 answers · asked by carlos t 1 in Business & Finance ➔ Renting & Real Estate

3 answers

About $1,236, if you assume 3% inflation per year.

2006-09-22 16:17:06 · answer #1 · answered by stevejensen 4 · 0⤊ 0⤋

You include nothing in your question about a specific interest rate return - so I am just giving your the arthimetic answer:

30 * 12 = 360 months
360 * $3000 = $1,080,000

2006-09-22 23:19:17 · answer #2 · answered by sundance 2 · 0⤊ 0⤋

$3,000.

2006-09-22 23:18:02 · answer #3 · answered by more than a hat rack 4 · 0⤊ 0⤋