Question: You have just started a new job and consider joining your employer's pension fund. Starting a year from now you will make the first payment
You have just started a new job and consider joining your employer's pension fund. Starting a year from now you will make the first payment of 2 6 7 8 and you will be contributing in the fund for the next 1 6 years in total. Assuming that the opportunity cost of capital is 4 percent , what is the Present Value of your pension contributions?
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To calculate the present value PV of your pension contributions you will need to use the formula for ... View full answer
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