Wednesday, March 23, 2011

Wednesday, Early Release Day!

Video Link
Savings: - Take the survey at the bottom of today's Daily Notes

Using the =FV(rate, NPER, PV, type) function
New Term is FV - Future Value of an investment... Or what will it be worth at some point in the future.

Basic work and save plan:
1. Think of a very simple job that will take very little amount of your time.
2. How much do you think you could save in 1 month every month for 1, 2, 3,.....
3. What would your Saving be worth at the end of each year?


Break down what you have to do in simple steps using a spreadsheet
1. Calculate how much you would have to save each day.
  • What is the average number of days in a Month?
  • On Average how much will you have to save each day?
2. If you put your money in a Piggy Bank, what will it be worth in 1 year, 2 years, 3 years, 4 years, 5 years.
3. If you put your money in a Saving Account at CP Federal. How much will it be worth in 1 year, 2 years, 3 years, 4 years, 5 years.


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