Question: BA 2103 - Financial Management End-of-Module 4 Assessment Time Value of Money Required: Written Analysis of the Case You just turned 28 and are now

BA 2103 - Financial Management End-of-Module 4 Assessment Time Value of

BA 2103 - Financial Management End-of-Module 4 Assessment Time Value of Money Required: Written Analysis of the Case You just turned 28 and are now seriously planning for your retirement. You wish to retire two years earlier than the mandatory retirement age of 65. You hope to be able to make end-of-month withdrawals from your retirement account of P25,000 per month for a 30-year period after that. Your plan is to fund your retirement by making monthly deposits between now and when you retire. The initial monthly deposit will be made at the end of the coming month. How much monthly deposit should you make if you can earn 12 percent per annum in your retirement account? (Ignore taxes.) Show your computations

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