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  • Ch.4 Lab EducationSavingsCalculator

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    Edgard Morales
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    This document is an education savings calculator showing that if Judith Silvia contributes 5% of her $73,500 annual salary ($306.25 monthly) to an account earning 4.5% annual return over 18 years, the future value will be $101,634.58. It also shows the employee's annual investment and the growing future value over the years.

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    This document is an education savings calculator showing that if Judith Silvia contributes 5% of her $73,500 annual salary ($306.25 monthly) to an account earning 4.5% annual return over 18 years, the future value will be $101,634.58. It also shows the employee's annual investment and the growing future value over the years.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    63 views2 pages

    Ch.4 Lab EducationSavingsCalculator

    Uploaded by

    Edgard Morales
    This document is an education savings calculator showing that if Judith Silvia contributes 5% of her $73,500 annual salary ($306.25 monthly) to an account earning 4.5% annual return over 18 years, the future value will be $101,634.58. It also shows the employee's annual investment and the growing future value over the years.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    Education Savings Calcu

    Employee Name
    Annual Salary
    Percent Invested (up to)
    Annual Return
    Years
    Monthly Contribution
    Future Value

    Judith Silvia
    $73,500.00
    5%
    4.50%
    18
    $306.25
    $101,634.58

    Years
    1
    2
    3
    4
    5
    6
    7
    8
    9
    10
    11
    12
    13
    14
    15
    16
    17
    18

    vings Calculator
    Future Value

    Employee Investment

    $101,634.58
    3,751.75
    7,675.86
    11,780.24
    16,073.17
    20,563.75
    25,259.75
    30,171.93
    35,309.78
    40,681.66
    46,304.41
    52,183.38
    58,332.43
    64,761.96
    71,490.96
    78,526.99
    85,886.26
    93,583.61

    $66,150.00
    3,675.00
    7,350.00
    11,025.00
    14,700.00
    18,375.00
    22,050.00
    25,725.00
    29,400.00
    33,075.00
    36,750.00
    40,425.00
    44,200.00
    47,775.00
    51,450.00
    55,125.00
    58,800.00
    62,475.00

    101,634.58

    66,150.00

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