Question: a. a. Using the retirement simulation spreadsheet that we created in class (spreadsheet above) set the savings rate to 12.5% (instead of the 10% default

a. a. Using the retirement simulation spreadsheet that we created in

a. a. Using the retirement simulation spreadsheet that we created in class (spreadsheet above) set the savings rate to 12.5% (instead of the 10% default value in the original simulation). Simulate 200 30-year careers. b. What percent of the time will the investment portfolio be worth more than $1,100,000? c. What is the probability that the portfolio will be worth less than $750,000?

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