Question
Only Looking for help for the two main charts. Could you also please include the excel formulas for the charts as well. Thank yoy sarah
sarah wants to start her own business in 10 years. she needs to accumulate $200,000 (today's dollars) in 10 years to sufficiently start her business. she assumes that inflation will average 4%, and that she can earn a 9% compound annual after-tax return on her investments. sarah wants to increase her annual saving with inflation adjustment. what will sarah's payment be at the end of the second year?
Part A: what is annual equal saving?
Part B: they will increase their savings annually at the rate of inflarion. how much should they save at the end of year 2?
Part C: they will increase their savings annually at the rate of inflation. how much should they save at the beginning of year 2?
Step by Step Solution
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