PLANING AND FUTURE

SELECTION!
Management And Economy 2023

APRIL 17, 2023

Prepared By Bahjat Muhammed Aziz
Introduction…….

My Name Is Bahjat Muhammed Aziz and I’m

Student Sophomore from Salahaddin University
College of Engineering Structural Department and
in this Report I will Talk About Some of My Big Plan
During My Engineering Life AND after it and This
Plan Is About My Economy and Performing my
Financial Security Before Being Too Late of My Age
and in this simple report would like to make it like
the base of first trying to Arrive Big Achievements
and for that regularly we want to review our goals
And Setting Goals Is Dependents on the Strong plan
to be continuing So I hope at the nearest time
depending of God I will Achieve My Aims And
Thanks For Dear Torrential Teacher (Shamal) To
Providing This Opportunity …….
My first Plan Is Beginning !!!!!……….

My Personal Plan Is to Saving Totaling 1000000000$

Before AGE 60y and I’m now 21 year’s Old and Will
Performing It After College Graduation and I will
start my plan at the age 25 and I predict That My
Annual Interested Rate Is 12% For next over (60-
25) Years and for performing and accomplish my
Aim I must have an equal End -of-Year Amount (A)

So Let’s Start!!!….

N=60-25=35
F=1000000000$
I% = 12%
A=F(A/F,i%,N)
Calculate the amount of end year (A)...?
For my Future plan I will use the factor F(A/F,I%,N)
IN N=35 AND I = 12% AND IS equals to: - (0.00232)
 1000000000 $

Solutions……

0 1 2 3 4 25 59 60

A A A A A A A A A A

A=F(A/F,i%,N)
A= 1000000000 $ × factor F(A/F,I%,N)
A= 1000000000 $ × 0.00232

SO: -

A= 2,320,000 $
 Second plan for getting The aim……
Making 35 equals of Annual saving with the various Amount F…?

N=60-25=35
I% = 12%

25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60

25-30

My plan after graduation is having a job with high

Advantages and revenue so during the first 5 years after
graduation I mean (25-30) and increasing my income by
having job in the companies those providing me around
(2000$) Monthly and During that 5 Years I will save 500$
Monthly and annual saving is 500$ × 12 for each year of
those years.

30
26 27 28 29
25
9

6000$ 6000$ 6000$ 6000$ 6000$ 6000$

Annual Salary Saving amount (A)
31-40
and after that 5 years during next 10 years I will
try and effort hardily to increasing my annual
salary and my total incomes to around
6000$/month and save 1/3 of its monthly it means
2000$ of it, and annual saving during these 10
years are 24000$/Year (A).

31 32 33 34 35 36 37 38 39 40

41-50
I’m still now working and making an effort for
continuing achieving my aim in age 60 and making
relax so in the next 10 years again I was trying to
increasing the total revenue to making annual
salary about 8000$/month and saving about
4000$/month for annual saving is equals
48,000$/year.
41 42 43 44 45 46 47 48 49 50
 51-60
Finally, with the high performance and experience
we are in final stage of achievement and in the last
9 years finally I will have an annual salary about
10,000$/month and during that last 9 years will
saving the about 6000$/month and annual saving
amount is equals to 72,000$/year

51 52 53 54 55 56 57 58 59 60

Year Intervals N Salary/month Saving/month ×12 Total Saving(A)/year

25-30 5 2000$ 500$ 6000$

30-40 10 6000$ 2000$ 24,000$
40-50 10 8000$ 4000$ 48,000$
50-60 10 10,000$ 6000$ 72,000$
Total 35 26,000$ 12,500$ 150,000$

F= A × (F/A,I%,N)
F= 150,000$ × (Factor by Table F/A)
F= 150,000$ × (431.663) = 64,749,450$