w.com / ignmente n ment Main.doFinvoker assignments takeAssignments on Locator assignment takenprogress false Chapter 11 Chit Thug Case The Woods Struggle with Twe ed Goals Like many married couples, Damian and Bad Wodon are trying their best to wave for two important investment objectives (1) ancation und be put the two children through college and (2) a retirement neste for themselves. They want to have set aside 133.000 per child by the time each one starts college Given that the children are now 10 and 12 years old Daman and brand have a reming for one child and for the other. As for their retirement plans are concerned the Wooden both hope to retire i 20 when they reach age . Both Daman and Brand and ther they currently cam about 190.000 The Wooden acoge fund s by wings.000 That 7.000 Thay the o m funded the 15.000 6.000 for the tru t h ble to put way more particle the r e out of school. The y come and they can probam out 6 percent o m grotes for the y be enough to put 1. Wochette determine the W he the children though school given they cannot the money at pr were actional de Thai 7.000 they would e member they want to have 33.000 set aside for each child by the time each one starts 2. Regarding W oment that n one .. y Paste O BIU Merge Center - $ % 9 68-73 Format Painter Clipboard Font Alignment Number E11 x & & 1.000 A B C D E F G 7 1. Targeted Financial Goal (see Note 1) 2. Projected Average Return on Investments 9 A. Finding a lump Sum Investment: 10 3. Future Value Factor, from Appendix A based on years to target date and a projected average return on investment of 13 4. Required Lump Sum Investment line 1 + line 3 15 B. Making a series of Investments over Time: 16 5. Amount of initial Investment, if any (see Note 2) 17 6. Future Value Factor, from Appendix A 18 based on years of target date and a projected average return on investment of 20 7. Terminal value of initial Investment line 5x line 6 22 8. Balance to come from Savings Plan tine 1-line 7 9. Future Value Annuity Factor, from Appendix B based on years to target date and a projected average return on investment of 10. Series of Annual Investments Required over Time line line 9 1.000 Sheet w.com / ignmente n ment Main.doFinvoker assignments takeAssignments on Locator assignment takenprogress false Chapter 11 Chit Thug Case The Woods Struggle with Twe ed Goals Like many married couples, Damian and Bad Wodon are trying their best to wave for two important investment objectives (1) ancation und be put the two children through college and (2) a retirement neste for themselves. They want to have set aside 133.000 per child by the time each one starts college Given that the children are now 10 and 12 years old Daman and brand have a reming for one child and for the other. As for their retirement plans are concerned the Wooden both hope to retire i 20 when they reach age . Both Daman and Brand and ther they currently cam about 190.000 The Wooden acoge fund s by wings.000 That 7.000 Thay the o m funded the 15.000 6.000 for the tru t h ble to put way more particle the r e out of school. The y come and they can probam out 6 percent o m grotes for the y be enough to put 1. Wochette determine the W he the children though school given they cannot the money at pr were actional de Thai 7.000 they would e member they want to have 33.000 set aside for each child by the time each one starts 2. Regarding W oment that n one .. y Paste O BIU Merge Center - $ % 9 68-73 Format Painter Clipboard Font Alignment Number E11 x & & 1.000 A B C D E F G 7 1. Targeted Financial Goal (see Note 1) 2. Projected Average Return on Investments 9 A. Finding a lump Sum Investment: 10 3. Future Value Factor, from Appendix A based on years to target date and a projected average return on investment of 13 4. Required Lump Sum Investment line 1 + line 3 15 B. Making a series of Investments over Time: 16 5. Amount of initial Investment, if any (see Note 2) 17 6. Future Value Factor, from Appendix A 18 based on years of target date and a projected average return on investment of 20 7. Terminal value of initial Investment line 5x line 6 22 8. Balance to come from Savings Plan tine 1-line 7 9. Future Value Annuity Factor, from Appendix B based on years to target date and a projected average return on investment of 10. Series of Annual Investments Required over Time line line 9 1.000 Sheet
