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Given the following information on a pension plan, how can I calculate the balance of the savinds after 35 years? Years to maturity 35 Payments
Given the following information on a pension plan, how can I calculate the balance of the savinds after 35 years?
| Years to maturity | 35 |
| Payments pr. year | 12 |
| Growth rate pr month | 0,20% |
| Initial amount | 5100 |
| Discount rate per month | 0,80% |
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Banker To The World
Authors: William Rhodes
1st Edition
0071704256, 978-0071704250
