In order to see the effects of inflation, fill out the following spreadsheet given that the compound
Question:
Inflation has been 3 percent.
Annual Inflation Rate 3%
Cumulative Inflation after 10 years Value of $ I after 10 years
Cumulative inflation after 20 years Value of $ I after 20 years
Cumulative inflation after 30 years Value of $ I after 30 years
Cumulative inflation after 40 years Value of $ I after 40 years
Transcribed Image Text:
PfObjective 690 7% 8% 9% 10% 4000 bonds 0.022 0.022 0.022 0.022 0.022 60% stocks PfReturn 30% bonds 70% stocks 0.022 0.022 0.022 0.022 0.022
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