Calculate Wealth Trajectory
Usage
calc_wealth(principal, monthly, rate, years)
Arguments
- principal
Numeric. Your starting balance (how much money you have now)
- monthly
Numeric. The amount you plan to save/add every month.
- rate
Numeric. The annual nominal interest rate (as a decimal, e.g., 0.05 for 5 parcent).
- years
Numeric. How many years into the future you want to project.
Value
A list of monthly balances over the specified time.