Fill in the colored boxes in the table below, and round each amount to the dollar (no decimals) Financial Goals Goal Amount Needed When Current Amount Required Monthly Savings Projected Rate of Return Asset Allocation Investment Vehicle TVM Calc. FV N PV PMT 1//Y Short Term Goals (less than 2 years) - Down payment (a) Amount Needed 27,040 2 25000 4% Inflation (b) Invest current savings 16029 2 14,250 6.06% 75% bonds 25% equity RRSP (c) Balance to fund 11,011 2 (d) Monthly Contribution 24 months ? 6.06% 75% bonds 25% equity RRSP Medium Term Goals ( 2 to 5 years) - Vehicle (e) Amount Needed 15,748 3 years $14,000 4% Inflation (f) Monthly Contribution 36 Months ? 6.73%. (g) How much will be required to save per month at TFSA rate to have $10,000 in 3 years? (h) Use the Alterna Bank RESP calculator to determine the monthly RESP contribution required to fund university in 18 years (a slight surplus is OK. Write the estimated tuition cost amount in Amount needed (FV) Calculate PMT