With that, you could work out the amount you would have to commit now (current price) to ensure that your account to generally be well worth a specified amount of money at some time Sooner or later (long run value) which has a provided interest price. The next equation can easily be solved for m, right after which you can compute, as an example, the scale of a month-to-month payment you would want to make so that you can have a specific sum of money at some point Sooner or later. When solved for m, the second equation is known as the sinking fund method
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