TVM Annuity Solutions.xlsx - 1(\$124,867.78 2(\$110,721.04 3(\$214,356.19 4 No deal the lump payment to be made now is greater than the present value of

TVM Annuity Solutions.xlsx - 1(\$124,867.78 2(\$110,721.04...

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1 (\$124,867.78) 2 (\$110,721.04) 3 (\$214,356.19) 4 (100,000.00) Lump sum pay (\$93,555.42) PV of payment 5 \$3,594,524.18 6 \$4,018.63 7 \$13,500,596.91 8 \$4,866,158.10 9 (\$13,463.64) 10 (\$548.44) 11 50,000.00 Year Cash Flow 12 \$6,448,519.47 NPV of growing annuity 1 675,000 2 762,750 3 861,908 4 973,955 5 1,100,570 6 1,243,644 7 1,405,317 8 1,588,009 9 1,794,450 10 2,027,728 11 2,291,333 12 2,589,206 13 2,925,803 14 3,306,157 15 3,735,958 14 Calculated Pmt (\$954.83) PERIOD BEGIN. BAL PAYMENT INTEREST PRINCIPAL END. BAL. 1 200,000.00 \$954.83 666.67 \$288.16 199,711.84 2 199,711.84 \$954.83 665.71 \$289.12 199,422.71 3 199,422.71 \$954.83 664.74 \$290.09 199,132.62 4 199,132.62 \$954.83 663.78 \$291.06 198,841.57 5 198,841.57 \$954.83 662.81 \$292.03 198,549.54 6 198,549.54 \$954.83 661.83 \$293.00 198,256.54 7 198,256.54 \$954.83 660.86 \$293.98 197,962.57 8 197,962.57 \$954.83 659.88 \$294.96 197,667.61 9 197,667.61 \$954.83 658.89 \$295.94 197,371.67 10 197,371.67 \$954.83 657.91 \$296.93 197,074.75 11 197,074.75 \$954.83 656.92 \$297.91 196,776.83 12 196,776.83 \$954.83 655.92 \$298.91 196,477.93 13 196,477.93 \$954.83 654.93 \$299.90 196,178.02 14 196,178.02 \$954.83 653.93 \$300.90 195,877.12 15 195,877.12 \$954.83 652.92 \$301.91 195,575.21 16 195,575.21 \$954.83 651.92 \$302.91 195,272.30 17 195,272.30 \$954.83 650.91 \$303.92 194,968.38 18 194,968.38 \$954.83 649.89 \$304.94 194,663.44 19 194,663.44 \$954.83 648.88 \$305.95 194,357.49 No deal; the lump payment to be made now is greater than the present value of the savings. The actual monthly payment is \$800: your \$400 plus the matchi given monthly compounding (ignore that 26 pay periods transla
20 194,357.49 \$954.83 647.86 \$306.97 194,050.52 21 194,050.52 \$954.83 646.84 \$308.00 193,742.52 22 193,742.52 \$954.83 645.81 \$309.02 193,433.50 23 193,433.50 \$954.83 644.78 \$310.05 193,123.45 24 193,123.45 \$954.83 643.74 \$311.09 192,812.36 25 192,812.36 \$954.83 642.71 \$312.12 192,500.24 26 192,500.24 \$954.83 641.67 \$313.16 192,187.07 27 192,187.07 \$954.83 640.62 \$314.21 191,872.87 28 191,872.87 \$954.83 639.58 \$315.25 191,557.61 29 191,557.61 \$954.83 638.53 \$316.31 191,241.31 30 191,241.31 \$954.83 637.47 \$317.36 190,923.95 31 190,923.95 \$954.83 636.41 \$318.42 190,605.53 32 190,605.53 \$954.83 635.35 \$319.48 190,286.05 33 190,286.05 \$954.83 634.29 \$320.54 189,965.51 34 189,965.51 \$954.83 633.22 \$321.61 189,643.90 35 189,643.90 \$954.83 632.15 \$322.68 189,321.21 36 189,321.21 \$954.83 631.07 \$323.76 188,997.45 37 188,997.45 \$954.83 629.99 \$324.84 188,672.61 38 188,672.61 \$954.83 628.91 \$325.92 188,346.69 39 188,346.69 \$954.83 627.82 \$327.01 188,019.68 40 188,019.68 \$954.83 626.73 \$328.10 187,691.58 41 187,691.58 \$954.83 625.64 \$329.19 187,362.39 42 187,362.39 \$954.83 624.54 \$330.29 187,032.10 43 187,032.10 \$954.83 623.44 \$331.39 186,700.71 44 186,700.71 \$954.83 622.34 \$332.49 186,368.22 45 186,368.22 \$954.83 621.23 \$333.60 186,034.61 46 186,034.61 \$954.83 620.12 \$334.72 185,699.90 47 185,699.90 \$954.83 619.00 \$335.83 185,364.07 48 185,364.07 \$954.83 617.88 \$336.95 185,027.12 49 185,027.12 \$954.83 616.76 \$338.07 184,689.04 50 184,689.04 \$954.83 615.63 \$339.20 184,349.84 51 184,349.84 \$954.83 614.50 \$340.33 184,009.51 52 184,009.51 \$954.83 613.37 \$341.47 183,668.05 53 183,668.05 \$954.83 612.23 \$342.60 183,325.44 54 183,325.44 \$954.83 611.08 \$343.75 182,981.70 55 182,981.70 \$954.83 609.94 \$344.89 182,636.81 56 182,636.81 \$954.83 608.79 \$346.04 182,290.76 57 182,290.76 \$954.83 607.64 \$347.19 181,943.57 58 181,943.57 \$954.83 606.48 \$348.35 181,595.22 59 181,595.22 \$954.83 605.32 \$349.51 181,245.70 60 181,245.70 \$954.83 604.15 \$350.68 180,895.03 61 180,895.03 \$954.83 602.98 \$351.85 180,543.18 62 180,543.18 \$954.83 601.81 \$353.02 180,190.16 63 180,190.16 \$954.83 600.63 \$354.20 179,835.96 64 179,835.96 \$954.83 599.45 \$355.38 179,480.58 65 179,480.58

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