I'm new to investing and want to know, how to calculate a future value of my investments. Let's see an example:
- I can buy every year SPY ETFs for 10k for 10 years from now
- What will be the FV of my investments if the SPY's performance for 10 years will be exactly like it was the last 10 years:
* Image source: https://www.etf.com/SPY#overview
What I'm struggling with, is what percent should I add to rate parameter inside
FV formula. Is it
7.72% or something else?