annuity calculation problem

2014-05-27 9:41 pm
retirement plan:

I want to get 10,000 at the begining of each year for my traveliing, 4 years


planed to saving 10 years retirement, will used 4 years for travelling

APR 10% for 10 years rate

APR 6% for after retirement

Question:
1. for APR 10%, find out the monthly return?
2. if 10,000 at the beginning of each of the first 4 years for travelling trip.
How much moment i need to saving?
3. find out of the monthly saving amount would ebable myself to achinve my traveliing upon retirement?

回答 (1)

2014-05-30 7:31 pm
✔ 最佳答案

1. monthly return 0.09%, (1+r%)^12 = 10%, r = 0.09%

^ means power of


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