Example Salary Assumption Contribution % Contribution Match Total FV Defined Contribution 1 $75,000.00 6.00% $4,500.00 $2,625.00 $7,125.00 $36,634.34 2 $78,000.00 6.00% $4,680.00 $2,730.00 $7,410.00 $34,953.86 Salary Growth 3 $81,120.00 6.00% $4,867.20 $2,839.20 $7,706.40 $33,350.47 4.00% 4 $84,364.80 6.00% $5,061.89 $2,952.77 $8,014.66 $31,820.64 Match 5 $87,739.39 6.00% $5,264.36 $3,070.88 $8,335.24 $30,360.97 3.50% 6 $91,248.97 6.00% $5,474.94 $3,193.71 $8,668.65 $28,968.27 7 $94,898.93 6.00% $5,693.94 $3,321.46 $9,015.40 $27,639.45 8 $98,694.88 6.00% $5,921.69 $3,454.32 $9,376.01 $26,371.58 9 $102,642.68 6.00% $6,158.56 $3,592.49 $9,751.05 $25,161.88 10 $106,748.39 6.00% $6,404.90 $3,736.19 $10,141.10 $24,007.66 11 $111,018.32 6.00% $6,661.10 $3,885.64 $10,546.74 $22,906.39 12 $115,459.05 6.00% $6,927.54 $4,041.07 $10,968.61 $21,855.64 13 $120,077.42 6.00% $7,204.64 $4,202.71 $11,407.35 $20,853.09 14 $124,880.51 6.00% $7,492.83 $4,370.82 $11,863.65 $19,896.53 15 $129,875.73 6.00% $7,792.54 $4,545.65 $12,338.19 $18,983.84 16 $135,070.76 6.00% $8,104.25 $4,727.48 $12,831.72 $18,113.02 17 $140,473.59 6.00% $8,428.42 $4,916.58 $13,344.99 $17,282.15 18 $146,092.54 6.00% $8,765.55 $5,113.24 $13,878.79 $16,489.39 19 $151,936.24 6.00% $9,116.17 $5,317.77 $14,433.94 $15,733.00 20 $158,013.69 6.00% $9,480.82 $5,530.48 $15,011.30 $15,011.30 Investment Rate 9.00% Lump Sum $486,393.49 Disoubt Rate 6.00% Retirement Years 25 Potential Annual Payments $38,048.97
Example Salary Assumption Contribution % Contribution Match Total FV Defined Contribution 1 $75,000.00 6.00% $4,500.00 $2,625.00 $7,125.00 $36,634.34 2 $78,000.00 6.00% $4,680.00 $2,730.00 $7,410.00 $34,953.86 Salary Growth 3 $81,120.00 6.00% $4,867.20 $2,839.20 $7,706.40 $33,350.47 4.00% 4 $84,364.80 6.00% $5,061.89 $2,952.77 $8,014.66 $31,820.64 Match 5 $87,739.39 6.00% $5,264.36 $3,070.88 $8,335.24 $30,360.97 3.50% 6 $91,248.97 6.00% $5,474.94 $3,193.71 $8,668.65 $28,968.27 7 $94,898.93 6.00% $5,693.94 $3,321.46 $9,015.40 $27,639.45 8 $98,694.88 6.00% $5,921.69 $3,454.32 $9,376.01 $26,371.58 9 $102,642.68 6.00% $6,158.56 $3,592.49 $9,751.05 $25,161.88 10 $106,748.39 6.00% $6,404.90 $3,736.19 $10,141.10 $24,007.66 11 $111,018.32 6.00% $6,661.10 $3,885.64 $10,546.74 $22,906.39 12 $115,459.05 6.00% $6,927.54 $4,041.07 $10,968.61 $21,855.64 13 $120,077.42 6.00% $7,204.64 $4,202.71 $11,407.35 $20,853.09 14 $124,880.51 6.00% $7,492.83 $4,370.82 $11,863.65 $19,896.53 15 $129,875.73 6.00% $7,792.54 $4,545.65 $12,338.19 $18,983.84 16 $135,070.76 6.00% $8,104.25 $4,727.48 $12,831.72 $18,113.02 17 $140,473.59 6.00% $8,428.42 $4,916.58 $13,344.99 $17,282.15 18 $146,092.54 6.00% $8,765.55 $5,113.24 $13,878.79 $16,489.39 19 $151,936.24 6.00% $9,116.17 $5,317.77 $14,433.94 $15,733.00 20 $158,013.69 6.00% $9,480.82 $5,530.48 $15,011.30 $15,011.30 Investment Rate 9.00% Lump Sum $486,393.49 Disoubt Rate 6.00% Retirement Years 25 Potential Annual Payments $38,048.97
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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please explain me how to the green boxes now filled, show the formulas and compuations step by step
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