document.write( "Question 1198886: The formulas we have been using assume that the interest rate is constant over the period in question. Over a period of 40 years, though, interest rates can vary widely. To see what difference the interest rate can make, let’s assume a constant APR of 4% for your retirement account. How much do you need your employer to deposit each month under this assumption?\r
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document.write( "Employer Contribution = \n" );
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Algebra.Com's Answer #832558 by ikleyn(52787)![]() ![]() You can put this solution on YOUR website! .\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "There is a lesson at this forum, free of charge, where similar problems are solved \n" ); document.write( "and the solution method is described in all details. So, these solutions are your TEMPLATES.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "This lesson is\r \n" ); document.write( "\n" ); document.write( " - Solved problems on Ordinary Annuity saving plans, \r \n" ); document.write( "\n" ); document.write( "the problems are 4 an 5 of this lesson.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Substitute your numbers into the formulas and make necessary calculations using your calculator.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "If you want to learn relevant theory, it is given in the lesson\r \n" ); document.write( "\n" ); document.write( " - Ordinary Annuity saving plans and geometric progressions\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |