Investing over time
If you would like to accumulate $1,000,000 over 15 years, at 7% per year, you will have to invest $3214.35 per month:
np.pmt(rate=((1+0.07)**(1/12) - 1),
nper=15*12, pv=0, fv=1000000)
But what if you were willing to wait an extra 15 years, for a total of 30 years? How much will you need to invest each month?
Deze oefening maakt deel uit van de cursus
Introduction to Financial Concepts in Python
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