Chapter 4 - Calculating Your Retirement (FV and PMT)

Chapter 4 - Calculating Your Retirement (FV and PMT) -...

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Calculating Your Retirement Annual Phase Pension Phase Annual Salary $40,000 The size of your "nest egg" Employee Contribution 6.20% Interest rate Employer Contribution 6.20% Years in retirement Total contribution
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Unformatted text preview: $4,960 Monthly Pension Interest Rate 6% Years Contributing 45 Future Value $1,055,208 Click here to compare to Social Security Projection $1,055,208 6% 25 $6,799...
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This note was uploaded on 04/06/2008 for the course MIS 1045.32 taught by Professor Tortorella during the Spring '08 term at Fairleigh Dickinson.

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Chapter 4 - Calculating Your Retirement (FV and PMT) -...

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