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I am trying to solve the following problem: An individual works for 40 years. The first 15 years the 401k contribution is put into an
I am trying to solve the following problem:
An individual works for 40 years. The first 15 years the 401k contribution is put into an account earning 8%. For the last 25 years, the graduate will adjust the weight in each fund over years 16-40 so that an equal percentage weight change occurs each year (the amount invested in the 8% fund changes by 4% each year). How would I show this in Excel?
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