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You want to compare two separate retirement savings? scenarios: (A) and? (B). In scenario? (A) you start? immediately, contribute for a few? years, but then stop contributing.? However, you leave the accumulated savings to compound until retirement. In scenario? (B) you start later? (after the end of savings in scenario? A) and contribute all the way to retirement. Calculate the accumulated amount of savings at retirement for the two scenarios. Round to two decimal places
Scenario= A Annual payment= 4000.00 Payment period= end of years 1 to 16 Total number of payments= 16 Length of investment= 39 years Interest rate= 6%
Scenario= B Annual payment= 4000.00 Payment period= end of years 17 to 39 Total number of payments= 23 Length of investment= 39 years Interest rate= 6%
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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