16. Your employer contributes $100 a week to your retirement plan. Assume that you work for...
16. Your employer contributes $100 a week to your retirement plan. Assume that you work for this employer for another 14 years and the applicable discount rate is 7.25%. Given these assumptions, what is this benefit worth to you today?
Homework Answers
A benefit worth to you today is:-
=PV(rate,nper,pmt)
=PV(7.25%/52,14*52,-100)
=45712.75
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