How much you plan to contribute

Assignment Help Financial Accounting

Reference no: EM133561098

Question: For your initial post I want you to think about saving for your own retirement. As you watch the TVM videos and familiarize yourself with it you will realize that there are five variables: Number of Periods (n), Interest Rate (i), Present Value (PV), Payment (PMT), and Future Value (FV). I'd like you to relate each input to your own retirement planning, ie how long do you think you'll save for (this means you'll have to identify when you will begin saving and when you plan to retire), how much do you anticipate earning on your savings (the interest rate), how much do you have currently for retirement (present value), how much you plan to contribute (payment), and eventually we'll calculate how much you'll have when you retire (future value). For this step we're simply getting you to think about it and share your thoughts with your colleagues

Reference no: EM133561098

Questions Cloud

What is nurse responsibility with perspective organ donation : What is the nurse's responsibility with a perspective organ donation? What are some absolute contraindications for donation?

Define how stocks, bonds and investments play : Define how stocks, bonds and investments play a role in the financial future of a for profit and non profit organization? How does the overall market play

What is targeting in marketing management : what is targeting in marketing management ? This question gives you more market sizing practice (it's a skill you'll need).

Should stealing a bike be illegal : Should stealing a bike be illegal? to view this from the perspective of an economist. Does stealing a bike create a situation that is inefficient?

How much you plan to contribute : How much you plan to contribute (payment), and eventually we'll calculate how much you'll have when you retire (future value). For this step we're simply

Why an annual wellness check out is an important way : In a maximum of 500 words describe why an annual wellness check out is an important way of preventive care and why screenings tests are performed.

Analyzing a budget : Analyzing a budget: You are the municipal reporter covering the city of Anytown, USA. One day in June, the city manager presents his proposed budget for next

What is the name of system that we use to classify organisms : What is the name of the system that we use to classify organisms and which scientist developed it?

Determine the per-unit cost for product : Determine the per-unit cost for product 1 and product 2 using direct labor hours as the allocation base for all manufacturing overhead costs

User Account

All Pages