Question: show all work and show all steps on EXCEL 2. What will your monthly annuity yield be if you plan to live to be 94?
2. What will your monthly annuity yield be if you plan to live to be 94? Exercise 3.11. You begin working at age 25, and your employer deposits $350 each month into a retirement account that pays an APR of 6% com- pounded monthly. 1. Make a table that shows the size of your nest egg in terms of the age at which you retire. Include retirement ages from 60 to 70. 2. Suppose you want your annuity to last for 25 years. Add a column to your table that shows your monthly annuity yield for the corresponding age
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