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Assignment
A report about Financial Institutions and Capital Formation
Topic: What are and what is the effect of negative interest rate.
Each report will be two students are doing the paper 17 pages on the topic with appropriate formatting and citation of references and must be unique from other reports on the same topic. Use 1" margins, Times New Roman 12 font, single spaced. The report should address the history, current situation and expectations for the future as it relates to your topic. The primary source of information should be the Internet. One purpose of this project is to prepare you for doing written reports in the workplace. The report will be graded on research, content, spelling, proper formatting and grammar.
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Chad is saving for retirement. Expects to spend $43,500 per year for 15 years. Earns 6% per year with semi-annual compounding on his invested funds. Will draw down on his retirement foun at the beginning of retirement.
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