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Need help with excel ! attached is the given data in the correct cells ! This assignment involves developing a spreadsheet to determine how much

Need help with excel ! attached is the given data in the correct cells !
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This assignment involves developing a spreadsheet to determine how much will need to be deposited into an account to meet retirement income objectives. The following information is to be placed into the cells shown: Current salary Money desired per year if retirement took place now Rate of salary growth as a decimal (i.e. 025 for 2.5% yr) Rate of inflation per year as a decimal years 125 Rate of inflation per year as a decimal years 26-40 Rate of inflation per year as a decimal years 41-65 Interest rate as a decimal during first 25 working years Interest rate as a decimal during last 15 working years Interest rate as a decimal during first 15 retirement years Interest rate as a decimal during last 10 retirement years This assignment will assume that you will work for 40 years, and are retired for 25 years. The first retirement withdrawal will be at the end of year 41. Deposits will be made at the end of each year from years 140. Withdrawals need to increase at the rate of inflation. Part A. Determine the annual deposit required for years 140 if each deposit is the same. Complete the following thttefor years 1 through 65 . Yr Beg Balance Interest Deposit Withdrawal Salary \% Salary End Balance Part B. Determine the annual deposit required for years 140 if the amount deposited each year will increase at the same rate as the increase in salary. Complete a second table with the same columns as in part a. Part C. Assumo that the salary annual salary growth rate, the annual inflation rate, and the annual investment rate are now normally distributed random variables, with a mean as given and a standard deviation equal to 15% of the mean. These variables will now change each year. Redo part A. Determine how much extra will be needed to deposit each year to be 909 sure you will meet your retirement objective. Complete a new table for this part. Part D. For part C assume the deposit could be adjusted each year and the withdrawals can be adjusted each year to make the balance come out to zero. Construct a sheet that does this as the simulation trials proceed. Create a forecast cell that keeps track of the total amount that will need to be deposited and another forecast cell for the total amount of money withdrawn for each cycle. The information in cells A4-A 13 will be put into the spreadsheet only once. If you use different sheets for the parts you will need to carry the data into those sheets. This assignment is to be done using Excel functions. No macros are allowed. Use of Solver/Goal Seek is not allowed. This assignment involves developing a spreadsheet to determine how much will need to be deposited into an account to meet retirement income objectives. The following information is to be placed into the cells shown: Current salary Money desired per year if retirement took place now Rate of salary growth as a decimal (i.e. 025 for 2.5% yr) Rate of inflation per year as a decimal years 125 Rate of inflation per year as a decimal years 26-40 Rate of inflation per year as a decimal years 41-65 Interest rate as a decimal during first 25 working years Interest rate as a decimal during last 15 working years Interest rate as a decimal during first 15 retirement years Interest rate as a decimal during last 10 retirement years This assignment will assume that you will work for 40 years, and are retired for 25 years. The first retirement withdrawal will be at the end of year 41. Deposits will be made at the end of each year from years 140. Withdrawals need to increase at the rate of inflation. Part A. Determine the annual deposit required for years 140 if each deposit is the same. Complete the following thttefor years 1 through 65 . Yr Beg Balance Interest Deposit Withdrawal Salary \% Salary End Balance Part B. Determine the annual deposit required for years 140 if the amount deposited each year will increase at the same rate as the increase in salary. Complete a second table with the same columns as in part a. Part C. Assumo that the salary annual salary growth rate, the annual inflation rate, and the annual investment rate are now normally distributed random variables, with a mean as given and a standard deviation equal to 15% of the mean. These variables will now change each year. Redo part A. Determine how much extra will be needed to deposit each year to be 909 sure you will meet your retirement objective. Complete a new table for this part. Part D. For part C assume the deposit could be adjusted each year and the withdrawals can be adjusted each year to make the balance come out to zero. Construct a sheet that does this as the simulation trials proceed. Create a forecast cell that keeps track of the total amount that will need to be deposited and another forecast cell for the total amount of money withdrawn for each cycle. The information in cells A4-A 13 will be put into the spreadsheet only once. If you use different sheets for the parts you will need to carry the data into those sheets. This assignment is to be done using Excel functions. No macros are allowed. Use of Solver/Goal Seek is not allowed

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