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January 5th, 2017, 11:36 AM   #11
Joined: Jan 2017
From: Portland

Posts: 6
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Thank you Denis and skeeter.

The "future value of periodic payments" calculator that skeeter posted a link to yesterday (Future Value of Periodic Payments Calculator - High accuracy calculation) gives that same ~169K figure. Thanks for letting me know the value I was requesting was "the sum of a finite geometric series with common ratio of 1.05.

Last edited by skipjack; January 5th, 2017 at 05:12 PM.
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