Submit a personal retirement plan project for a family friend, or coworker.
Submit a personal retirement plan project for a family friend, or coworker.
Homework Answers
PERSONAL RETIRMENT PLAN MUST BE CALCULATED USING PRESENT VALUE OR FUTURE VALUE OF PRESENT MONTHLY EXPENSES. THE SAVING AND THE RETIREMENT PLAN MUST BE SELECTED USING SUCH FUTURE MONTHLY EXPENSES AND ADDISTION OF ATLEAST 20 PERCENT SURPLUS IN SUCH MONTHLY EXPENSES.
ACCORDINGLY A SUITABLE MUST BE SELECTED.
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Submit a personal retirement plan project for a family friend,
or coworker.
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Prepare a personal cash flow statement for
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20 Family friend, David Robertson, has asked you to help him gain control of his personal finances. Single and 27 years old, David was recently employed as a salesperson for a technology company. His annual salary is $63 000. He has payroll deductions for Eland CPP contributions, and income taxes of $1400 per month. David also recently moved from his comfortable two-bedroom apartment with rentof$1250 per month to a two-bedroom condo with...
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