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P4-5
Future Value. YOU are a new employee with the metro daily planet. The planet offers
three different retirement plans. Plans 1 starts the first day of work and puts $1,100
away in your retirement acc at the end of every year for 40 years. Plan 2 starts after 10
year and puts away $2,100 every year for year. Plan 3 starts after 20 year and puts away
$4,100 every year for the last 20 year 0 employment. All tree plans guarantee an annual
growth rate of 11%.
a.
Which plan should you choose if you plan to work at the Planet for 40 years ?
b.
Which plan should you choose if you plan to work at the Planet for only the
next 30 years ?
c.
Which plan should you choose if you plan to work at the Planet for only the
next 20 years ?
d.
Which plan should you choose if you plan to work at the Planet for only the
next 10 years ?
e.
What do the answers in parts (a) through (d) imply about savings ?
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FIN 419 Week 2 Team Assignment Evaluating Financial Statements (2 Papers)
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This Tutorial contains 2 Papers
Research two companies' financial statements from one of the following industries:
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Airline
Automotive
Pharmaceutical
Oil/gas
Retail
Computer Hardware