Question

Data Table -X X ba 16% Period 1 Future Value of Annuity of $1 10% 12% 14% 1.000 1.000 1.000 6.105 6.353 6.610 5 1.000 6.877 2Click and enlarge to view please

Assume that you want to retire early at age 52. You plan to save using one of the following two strategies: (1) save $3,300 a

x - X Data Table - X Data Table Data Table s ne Present Value of $1 Future Value of $1 Periods 10% 12% 14% 16% 12% Period 14%Requirement 3. Explain the results. The strategy involving grows substantially larger over time. This is due to the fact that

options for req 3 are (Earlier savings or later saving ) and (Later or sooner)

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- uting savinge FY [Pv x(147) ] 0 $3900 [1 +013) >> 3300 x[3] -) 3300 .. 24400 365815 so in the foret optims a brings (99000at an early age. ♡ you decide to do of the following things :- (Role of savines a a year for 30 years. one c) $ 9900 OR (2) w39.00 (1 + 019] 3300 699:) (244) [30749499000) (994511 - 99000] R 115521 fann), 6 6 60 x 316 0 [248160-99000 B 149 160 Cam) Y

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