Trying to calculate interest on an investment

D

darkwing_duck

I would like to create two amoritization schedules based on a money
market account that starts with $60,000 that I take $167 out of each
month for the next 30 years.

The first amoritzation schedule is based on account that pays (for
example) 2% annual interest, compounded monthly.


The second amoritization schedule is based on an account that pays
(for example) 0.24% interest each month.


TIA,
Robert
 
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