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{MAKE AN EXCEL SPREADSHEET WITH FORMULAS?} Attached below Mme that when you are 25 years old you plan to aggressitely sate for your retirement hy

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{MAKE AN EXCEL SPREADSHEET WITH FORMULAS?} Attached below

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Mme that when you are 25 years old you plan to aggressitely sate for your retirement hy conmhututg $5,130] a year to a tax-sheltered acoount. A relative of yours tells you to forget about earning 11:1 peroent or more a year. heeause that is very uril-cely to happen {Wl'llh is true}. He also tells you that you should not worry too much about whether you earn, for example, E: or T pacem, because it 1won't make a lot of differeno: in your nal 1utlsalth. You decide to see for yourself the various results that oould oocur by doing some calculations. 1. Fill in the spreadsheet below with the oomhmations indicated. Determine the diEerence in outcomes between 9 percent for 4111 years and 1111 percent for so years. Is. Calculate the differeme between eammgd peroent|andeaming i'peroent for 2111,3111 and4111 year; How 1would you respond to your relative? 5'! II 3"! II 'II

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