chap7_pe3_validity_solution - $1,159,517 Monthly pension...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
1 Ms. Plasterr Retirement Calculator Assumptions Your Name Annual contribution $3,000 Age when contributions start 20 Retirement Age (must be 59.5 or greater) 65 Rate of return (cannot exceed 8%) 8.0% Years in retirement 25 Rate of return during retirement (cannot exceed 7%) 8.0% Calculations Total amount contributed $135,000 Amount accumulated for retirement
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: $1,159,517 Monthly pension during retirement $8,949 Sect. 001 Note: After you enter the formulas, please enter values in the shaded area. These are the only cells that you are permitted to change. The worksheet will then calculate the amount you have saved and your monthly pension....
View Full Document

This note was uploaded on 03/30/2008 for the course CMPSC 203 taught by Professor Walters,mary during the Fall '07 term at Pennsylvania State University, University Park.

Ask a homework question - tutors are online