1. What is the Annual quantity to live for 20 years?
2. Calculate Future Value (FV)
3. Calculate Annuity Value (PV)
4. Calculate Quantity that must be accumulated
5. Calculate the Necessary Annual Deposit Value

Transcribed Image Text:

1 2 Actual Age 3 Years of retirement 4 Years expecting to live after retirement 5 6 First retirement payment 7 Rate of inflation 8 Actual Savings 9 Annual Interest 10 Will Receive benefits 11. 54 00 8 20 $45,000.00 5% 0.21% $125,000.00 7% 24 Times a year 1 2 Actual Age 3 Years of retirement 4 Years expecting to live after retirement 5 6 First retirement payment 7 Rate of inflation 8 Actual Savings 9 Annual Interest 10 Will Receive benefits 11. 54 00 8 20 $45,000.00 5% 0.21% $125,000.00 7% 24 Times a year

Answer rating: 100% (QA)

Given Information Actual Age 54 years old Retirement Years 8 years Life Expectancy after Retirement ... View the full answer