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You’ve already done the work for this, see attachment. Using 18.3 can you answer these two

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You’ve already done the work for this, see attachment. Using 18.3 can you answer these two… 1 answer below » You’ve already done the work for this, see attachment. Using 18.3 can you answer these two questions. You can use the same document I’m sending. b. What is the amount of the lump sum he will need at age 65 to meet his retirement needs? c. How much in additional savings will Frank need? Document Preview: 18.2

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23
1
40000
37735.849056603773

24
2
41400
36845.852616589531

25
3
42849
35976.846658651091

26
4
44348.714999999997
35128.336124248941

27
5
45900.920024999992
3 View complete question » You’ve already done the work for this, see attachment. Using 18.3 can you answer these two questions. You can use the same document I’m sending. b. What is the amount of the lump sum he will need at age 65 to meet his retirement needs? c. How much in additional savings will Frank need? Document Preview: 18.2

511334.24633073655

23
1
40000
37735.849056603773

24
2
41400
36845.852616589531

25
3
42849
35976.846658651091

26
4
44348.714999999997
35128.336124248941

27
5
45900.920024999992
34299.837630752496

28
6
47507.452225874986
33490.879196064932

29
7
49170.213053780608
32700.999969742639

30
8
50891.170510662923
31929.749970456258

31
9
52672.361478536121
31176.689829643605

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10
54515.894130284883
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58398.788689714413
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60442.746293854412
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64747.780898634184
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67013.953230086379
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79591.554538633733
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718987.44819292438

718987.44819292438

511334.24633073655

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718987.44819292438

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110000

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140000

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15000
70349.138702422846
55349.138702422846

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15600
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54749.138702422846

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16224
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17547.878400000001
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52801.26… Attachments: Q-Attachment…..docx Q-Attachment-….xlsx View less » Jul 29 2015 02:02 PM


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