Question: contributions will accrue returns for the entire year . ( This isn't true in the real world , but making this assumption significantly

contributions will accrue returns for the entire year . ( This isn't true in the " real world , " but making this assumption significantly simplifies this model. ) Step 1 : Go to work sheet " Sensitivity_ analysis " and complete the calculations in the Excel spreadsheet to calculate how Mr. Clark's total retirement and individual account will grow each year . You MUST use absolute cell references for the growth rates , market returns , etc . If you do not , the second step will not work correctly

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