I am attempting to solve a compound interest calculation for time given
Principal = 100 Time(years) = t Rate(per year) = 8% Deposit(per month) = 5 Total = 300
I can find solving for time without regular deposits. Can anyone help me out with a source or a workup of how to do this calculation with a regular monthly deposit?
I'm attempting to use this calculator but it does not allow for deposits. That is essentially what i need but with deposits.